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Latest News for: Venezuela shipping
Venezuela president boosts minimum wage as inflation soars
This is Money 21 Jun 2018
CARACAS, Venezuela (AP) - Venezuela's president says he is again raising the minimum wage, though it still will be below the equivalent of $2 a month as inflation ......
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Venezuela’s President Nicolas Maduro gestures as he drives a bus
The Siasat Daily 21 Jun 2018
CARACAS. Venezuela’s President Nicolas Maduro gestures as he drives a bus during the inauguration of a public transportation route in Caracas, Venezuela June 19, 2018. Miraflores Palace/Handout via REUTERS ... ....
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Inflation-hobbled Venezuela triples minimum wage to $1.14/month
This is Money 21 Jun 2018
CARACAS, June 20 (Reuters) - Venezuela on Wednesday tripled its minimum wage to 3 million bolivars per month, equivalent to just $1.14 at the black market exchange rate, as the crisis-ridden OPEC nation struggles under hyperinflation ... ....
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Why Are People on the UK Left Supporting Venezuela's Authoritarian Regime?
Vice 21 Jun 2018
As opposition voices are shut down and food prices spiral out of control in Venezuela, the "Venezuelan Solidarity Campaign" (VSC) met in London to show its continued support for President Nicolás Maduro's crippled and corrupt regime as it treads a steady path towards authoritarianism ... The resemblance of Maduro's rule in Venezuela to Pinochet’s strongman tactics was apparently lost on everyone....
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Iran signals compromise for modest rise in OPEC oil output
The News International 21 Jun 2018
President Donald Trump to raise output.He said Trump had contributed to the rise in prices by imposing sanctions on Iran and Venezuela, which will likely lead to lower exports.Zanganeh said he would leave Vienna on Friday even before OPEC holds talks with non-OPEC producers the next day, but efforts were underway on Wednesday to convince Iran to participate in a deal....
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Iran still wary of output hike ahead of OPEC meeting
Middle East Online 21 Jun 2018
That would effectively mean a modest boost from producers such as Saudi Arabia that have been cutting more deeply than planned despite production outages in Venezuela and Libya ... Iran is usually not part of the committee, which includes Russia, Saudi Arabia, the United Arab Emirates, Oman, Kuwait, Algeria and Venezuela ... Iraq and Venezuela have also opposed a relaxation of production cuts, fearing a slump in prices. ....
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OPEC to decide on output policy on Friday
The Jordan Times 21 Jun 2018
That would effectively mean a modest boost from producers such as Saudi Arabia that have been cutting more deeply than planned despite production outages in Venezuela and Libya ... He said Trump had contributed to the rise in prices by imposing sanctions on OPEC members Iran and Venezuela, which will likely lead to lower exports ... Iraq and Venezuela have also opposed a relaxation of production cuts, fearing a slump in prices....
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OPEC strives for new deal as Iran still wary of output hike
This is Money 21 Jun 2018
That would effectively mean a modest boost from producers such as Saudi Arabia that have been cutting more deeply than planned despite production outages in Venezuela and Libya ... sanctions ... Iran is usually not part of the committee, which includes Russia, Saudi Arabia, the United Arab Emirates, Oman, Kuwait, Algeria and Venezuela ... Iraq and Venezuela have also opposed a relaxation of production cuts, fearing a slump in prices ... ....
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Four foreign players could face chop at Sundowns
Sowetan Live 21 Jun 2018
The Brazilians have roped in Guinea-Bissau international Toni Silva and Venezuela's media agency sportsvenezuela.com have reported that that country's striker Jose Ali Meza is also joining the Tshwane side....
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OPEC strives for oil deal as Iran insists on modest rise in output
This is Money 21 Jun 2018
But unexpected production outages in Venezuela, Libya and Angola have effectively brought supply cuts to around 2.8 million bpd in recent months ... sanctions ... President Donald Trump to pump more oil ... Iraq and Venezuela have also opposed a relaxation of production cuts, fearing a slump in prices ... Iran is usually not part of the committee, which includes Russia, Saudi Arabia, the United Arab Emirates, Oman, Kuwait, Algeria and Venezuela ... ....
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Iran softens on OPEC oil output
Arkansas Online 21 Jun 2018
Iran, with some support from Venezuela, has so far rejected any increase, including one compromise mooted in private by some OPEC officials for a 300,000-to-600,000 barrel-a-day increase in the second half of the year ... Venezuela's oil industry is collapsing due to years of mismanagement and an economic crisis ... But problems in Venezuela, Mexico and other nations mean the reduction in May was closer to 2.2 million....
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Opec’s challenge – to pump more oil while keeping deal in place
Dawn 21 Jun 2018
Three Opec members — Iran, Venezuela and Iraq — have been reluctant to consent to a formal increase in Opec’s output target, agreed as part of a deal with Russia and other non-member producers and running until the end of 2018 ... While Saudi Arabia’s cutting by more than required has helped Opec’s compliance, involuntary reductions in Venezuela amid ......
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Oil prices slump as OPEC appears closer to deal on higher output
Market Watch 21 Jun 2018
Oil prices headed lower on Thursday, after media reports said Iran might accept a modest increase in production at this week’s OPEC summit ... Check out ... See ... Calls to increase the agreed output ceiling have risen in recent months, as production from pact members has declined faster than expected, mainly due to a drastic fall in Venezuela’s output ... Read ... Saudi Arabia and Russia “will be pitted against the likes of Iraq, Iran and Venezuela ... ....
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