CARACAS, VENEZUELA (By Luis Vicente Leon, 3.Mar.2026, Words: 450) — Venezuela’s exchange rate gap remains the country’s main macroeconomic distortion, but its origin is not singular. It is a multifaceted problem.
Between Jan. and Feb., approximately $800mn entered the country, plus a new transfer that could be around an additional $300mn.
(OilPrice.com, Julianne Geiger, 23.Jul.2018) – Guyana’s recoverable offshore oil reserves are larger than expected—by almost a billion barrels, Hess Corp CEO John Hess said in […]
(TT Newsday, 19.Dec.2019) — Our fuel subsidy gobbles hundreds of millions that could be spent on improving the country and distorts the economy. It is […]
(TPHL, 24.May.2019) — Trinidad Petroleum Holdings Limited announced the expiration date has been extended until 5:00 p.m., New York City time, on June 14, 2019, […]