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Venezuela Gets Desperate

Posted: Mon Jan 12, 2015 12:52 pm
by dan_s
Desperate times call for desperate measures. With oil prices continuing an unrelenting sell-off Venezuelan President Nicholas Maduro headed to the Middle East to discuss the situation with fellow OPEC members Iran and Saudi Arabia. The leader of the struggling South American nation is doing everything he can to keep his country's finances afloat, which have been further decimated the plugging oil prices.

http://www.fool.com/investing/general/2 ... ec-pa.aspx

Re: Venezuela Gets Desperate

Posted: Mon Jan 12, 2015 2:15 pm
by Lemonhawk
Goods shortages.......

Venezuela Just Had A 'Let Them Eat Cake' Moment

In Venezuela a plunge in oil prices, the country's main export, has turned a goods shortage problem into an unmitigated national disaster, but the tragedy seems lost on the country's Food Minister, Yván José Bello Rojas

continue.......

http://www.businessinsider.com/venezuel ... ges-2015-1