Venezuela Crisis News

Markets

Oil prices climb as US threatens sanctions against Venezuela

The oil market is partially pricing in the risk to Venezuela's crude production: AnalystBrent crude oil futures were at $61.62 a barrel

2 min read25 Jan 2019
Market

IEA urges Opec to open taps as oil markets enter ‘red zone’

Oil prices have rallied to a four-year-high due to US sanctions on Iran and the Venezuelan crisis, even as Saudi Arabia moved slow on filling any shortfall

2 min read9 Oct 2018
Opinion

Opinion | The ‘how’ and ‘why’ of the Venezuelan crisis

The Oxford English Dictionary defines 'evil' as 'doing or intending to do harm'. Ultimately, there is no other plausible explanation for what has happened in Venezuela

4 min read13 Aug 2018
Opinion

Venezuelans deserve refugee status

The international community may need time to resolve Venezuela's political crisis, but that is time that Venezuelans cannot afford

4 min read4 Jun 2018
Market

Has the tide finally turned for crude oil prices, or is it too early to celebrate?

The increase in crude oil production by Russia and Opec countries, amid the Venezuelan crisis, would simply offset the involuntary production declines

1 min read30 May 2018
Opinion

US can save Venezuela from anarchy

High inflation, food and medicine shortages and low oil production have fuelled the ongoing crisis in Venezuela. Balanced US actions can help

4 min read25 May 2018
Opinion

Intervening in the Venezuela crisis

An imploding Venezuela is not in the interest of most countries; the conditions there must be stopped on moral grounds

4 min read10 Jan 2018
News

Venezuela election results manipulated by 1 million votes: election company

Smartmatic CEO says there was a discrepancy of 1 million votes between the turnout figures announced by the Venezuela govt and those recorded by his systems

1 min read2 Aug 2017
News

US set to hit Venezuela with new sanctions after election

Trump administration is preparing to levy new sanctions on Venezuela, following through on threats to impose fresh penalties if the country went through with weekend election

1 min read31 Jul 2017
Opinion

Necessity of markets

The economic crisis in Venezuela is a timely reminder that no country can do without functioning markets

1 min read22 Jul 2016
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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