English | دری

Tag "Venezuela economy"

Back to homepage

US diplomats accused of sabotaging Venezuela’s economy

Venezuelan President Nicolas Maduro announced expelling of three US Diplomats, who are accused of taking part in power-grid sabotage in September and bribing Venezuelan companies to cut down production. “The diplomats have 48 hours to leave. Yankees, go home! Enough

Read More

Venezuela undertakes currency devaluation

Venezuela undervalued its currency by re-pegging the bolivar to a value of 6.3 per USD from it sprevious official exchange rate of 4.3 bolivars per dollars. This comes as the country is experiencing a shortage of US dollars. Bloomberg’s Corina Pons & Nathan

Read More