Elliott Investment’s Amber Energy Declared Winning Bidder for Citgo Refinery in U.S. Court Auction
In a U.S. court auction, Amber Energy, an affiliate of Elliott Investment Management, was announced the presumptive winner with a ...
Tag: Venezuela
Venezuela’s Inflation Decline: Struggles Persist for Citizens Amid Rising Living Costs
Despite significant improvements in Venezuela's inflation rates, many citizens continue to struggle with the escalating costs of basic necessities. Economic ...
Venezuelan Inflation Eases, but Economic Strain Persists Ahead of Election
As Venezuelan President Nicolas Maduro seeks reelection this Sunday, his administration has managed to significantly reduce the country's inflation from ...
Investors in Venezuela’s Bonds Engage Orrick Herrington & Sutcliffe for Restructuring Efforts
In a strategic move toward the restructuring of Venezuela's substantial international debt, a consortium of bondholders has enlisted the legal ...
Venezuela Hits 10-Year Low Inflation Rate at 59% Ahead of Elections
Venezuela has achieved a significant milestone by reducing its inflation rate to 59%, marking a 10-year low as the nation ...
U.S. Revokes Key License, Impacting Venezuela’s Oil Sector
In a significant blow to Venezuela's oil sector, the United States has revoked a crucial license that allowed the South ...
Uncertain Future: Citgo Auction Falls Short of Expectations
The recent U.S. auction of shares determining the future of Citgo Petroleum, a Venezuelan-owned oil refiner, has yielded a highest ...
World of inflation: Venezuela has the highest inflation rate, with Lebanon coming in second place.
The agency "Novosti" reported that Venezuela had the highest inflation rate in the world until last October, with a 317% ...
Venezuela is hopeful of joining the “BRICS” in 2024.
Venezuelan President Nicolás Maduro expressed his hope for his country to become a full member of the BRICS group at ...
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