Tag Archives: Venezuela

OPECs Clash With U.S. Lubricant Is Nearing Its Day of Supposing

The clash between OPEC and America’s oil industry is reaching a day of reckoning. The U.S. shale change is on course to be the greatest oil and gas boom in record, turning a nation once at the benevolence of foreign imports into a global actor. That seismic switch shattered the dominance of Saudi Arabia and … Read More

Hunger eats away at Venezuela’s soul as its people struggle to survive

The Maduro regime denies its formerly oil-rich country is in crisis. But on wall street the desperation cannot be hidden Hunger is gnawing at Venezuela, where both governments that claims to rule for the most severe has left most of its 31 million people short of nutrient, many urgently so. As darknes falls over Caracas, … Read More

Venezuela Refuses to Default. Few Beings Seem to Understand Why.

Its been almost two years now since the renowned Harvard economist Ricardo Hausmann induced a budge in his native Venezuela by posing an uncomfortable question. Why does a country thats so deprived for currency save reputation its foreign debts? In other paroles, how does it justify shelling out treasured hard currency to affluent bondholders in … Read More