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Venezuelans have been living on scarce supplies of food, paper products, medicine, electronics, and even beer — and now it’s getting harder for residents to make basic phone calls to foreign countries. CNBC reported that South America’s largest telephone operator, Movistar, began halting operations during May in all but 10…
Venezuela’s political and economic turmoil has become so disastrous that it’s actually easy to forget that the country is filled with countless individuals just trying to keep a steady job, put food on the table, and have a place to sleep at night. But headhunters in Central and South American…
Ask anyone how much their new iPhone 6 cost, and the answer is likely to be “too much.” But there’s no better way to put it in perspective than to take a look at how much this smartphone currently costs in Venezuela: a whopping 300,000 bolivars, roughly equal to $47,678…
Exxon Mobil and Venezuela’s national oil company, Petróleos de Venezuela SA, have ended their business partnership and will sell the refinery they co-own in Louisiana. The refinery will go to PBF Energy Inc., which is based in New Jersey. PBF is buying the refinery in Chalmette, which is about 10…
Venezuelan President Nicholas Maduro has condemned comments made by American presidential candidate Donald Trump after the celebrity real estate mogul and reality-show host blamed Mexico for many of the United States’ problems in his campaign announcement. “He’s a bandit, a thief,” Maduro said in a speech, describing Trump as a…
Investing in solar energy is one of the best decisions for your home and wallet. You won’t just see a significant reduction in your energy bills; you’ll also be doing your part in contributing to a lower carbon footprint. Before enjoying these benefits, you must find reputable solar installation services.…
In response to online trading of Venezuelan currency at unofficial exchange rates, representatives of the country’s ruling United Socialist Party have proposed that all residents be made to use Internet passing through a single government server. National Assembly Member Juan Carlos Aleman said May 22 that the Ministry of Science,…
As a country with more proven oil reserves than Saudia Arabia, Venezuela was formerly known as one of most formidable oil producers in the world. However, Venezuela is now better known for its economic struggles, as the nation struggles with one of the most severe recessions it has ever seen.…