Nicolas Maduro: Venezuela is not a “broken country”

Venezuelan President Nicolas Maduro reiterated on Wednesday that Venezuela is not “a broken country” after his meeting in Beijing with his Chinese counterpart Xi Jinping. “Sometimes there is a whole international conspiracy to try to appear in the world to...

Oil barrel price descends to $ 63.05

The Texas oil price (WTI) fell a 4.24% yesterday, reaching $ 63.05 per barrel, the lowest level of the crude oil value in five years. A barrel of “light sweet crude” (WTI) for January delivery, fell USD 2.79, reaching USD 63.05 per barrel on the New York Mercantile...

Ecuador and Venezuela, the most vulnerable countries after the fall of oil price

The collapse of oil prices caused a strong drop in bonds from emerging countries that depend on exports of crude oil, mainly Venezuela and Ecuador, because investors are nervous about the ability of these nations to pay their debts. The spread between yields on the debt of...