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 2019Oil 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 2018The 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 2018The international community may need time to resolve Venezuela's political crisis, but that is time that Venezuelans cannot afford
4 min read4 Jun 2018The 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 2018High 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 2018An imploding Venezuela is not in the interest of most countries; the conditions there must be stopped on moral grounds
4 min read10 Jan 2018Smartmatic 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 2017Trump 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 2017The economic crisis in Venezuela is a timely reminder that no country can do without functioning markets
1 min read22 Jul 2016The 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