Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. One solution gaining popularity: Get rid of the bolivar and replace it with ...

CARACAS, Venezuela — As hyperinflation spirals toward 1 million percent, Venezuelans are confronting a deepening crisis that is pulverizing their incomes and spreading hunger. Increasingly, the ...

Venezuela’s net crude oil and refined products exports fell 4.5% in April from a year earlier to 2.14 million barrels a day, the oil ministry said on May 23. The country produces about 2.8 ...

Venezuela's history is one of dramatic contrasts,emerging as a wealthy nation rich in natural resources, particularly oil, only to experience a tragic and ongoing collapse. Beginning in the early ...

Venezuela's political and economic destabilization can be traced to an over-reliance on oil revenue. ... when oil prices were high, Venezuela’s GDP per capita was equivalent to 13,750 USD.

HOUSTON (Reuters) -A U.S. court officer has selected miner Gold Reserve's$7.38 billion bid as the preliminary winner of an auction of shares in the parent of Venezuela-owned Citgo Petroleum ...

A chronology of key events: 1498-99 - Christopher Columbus and Alonso de Ojeda visit Venezuela, which is inhabited by Carib, Arawak and Chibcha peoples. The coup leader of 1948, Marcos Perez ...

More than a year ago, one US dollar went for about 3,100 bolivares. Since then, the bolivar has lost 98% of its value. In response Venezuela’s government launched the world’s first sovereign ...

CARACAS, Venezuela (AP) — Venezuela’s Supreme Court on Monday issued a $10 million fine against TikTok for “not implementing measures” to prevent viral video challenges that have allegedly ...

Caracas, December 6, 2022 (venezuelanalysis.com) – Venezuela’s bolívar (BsD) is going through a fast devaluation despite government efforts to halt it. The national currency has seen the exchange rate ...

Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. Posted 2018-03-13T17:53:15+00:00 - Updated 2018-03-12T17:16:20+00:00 ...