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Venezuela

Venezuela officially the Bolivarian Republic of Venezuela is a country on the northern coast of South America, consisting of a continental The national private entrepreneurship increasingly had less space to grow and prosper. Beginning in 2014 the price of oil plummeted from over $100/bbl to $40/bbl a year and a half later, this placed great pressure on the Venezuelan economy, These periods are referred to as hot-humid and cold-dry seasons. Central Intelligence Agency.

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Economic policy of the Hugo Chávez administration

throughout the period shown (sources: International Monetary Fund, World Bank and Central Intelligence Agency). From his election in 1998 until his death in March 2013, the administration of the late Venezuelan President Hugo Chávez proposed and enacted populist economic policies as part of his Bolivarian Revolution. In the early 2000s when oil prices soared and offered Chavez funds not seen since the beginning of Venezuela's In response to the low oil prices at the end of the 1990s, Chavez played a leading role within the Organization of the

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Venezuela's oil industry under pressure inside and outside the

Energy Intelligence reported this month that oil output may in fact be lower — about 1.4 million barrels a day. PDVSA's refineries will operate at 43% of their capacity in March because of a lack of spare parts, feedstock, and light

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The Venezuelan crisis matters and there's much we can do - ABC

Venezuela is far from Australia and, until its recent collapse, had not really been on the media's radar. lure Australian investors to the Orinoco Mining Arc, but environmental and human rights concerns, plus the low levels of law enforcement, make investment The Venezuelan crisis is contributing to the disruption of global oil prices due to the sharp reduction in output from the country.

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Timeline: Oil Dependence and U.S. Foreign PolicyOil Dependence

The United States' dependence on oil has long influenced its foreign policy. Disproving shortage projections by the U.S. Geological Survey, in less than a decade U.S. oil production more than doubles from what it The intervention stokes Cold War tensions, and U.S. President Dwight D. Eisenhower compels a withdrawal to avoid a showdown with the Soviet Union. In September, representatives from Saudi Arabia, Venezuela, Kuwait, Qatar, and Iran meet in Baghdad with Iraqi

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Venezuela's military to escort Iranian tankers bringing petrol - BBC

The Venezuelan military will escort Iranian tankers delivering much-needed petrol to the country to prevent petrol highlighted the mismanagement of Venezuela's oil industry by President Nicolás Maduro's government. "With respect to Venezuela, our focus has been to share intelligence, trying to figure out what Maduro and his cronies are up to," he said. Making art from plants during lockdown 'They shot him in cold blood' Video'They shot him in cold blood'.

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American Prisoners in Venezuela Face Growing COVID-19 Threat

It had been less than nine months since masked security agents had stormed a conference room in Caracas and arrested of the men's employer, Citgo, the Houston-based U.S. subsidiary of Venezuela's state-owned oil giant. And then there are the cold-eyed calculations of Maduro's opponents in Venezuela and abroad, for whom the safety and The men were taken to a military prison run by the Venezuelan intelligence service, known as the Dirección General de

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Venezuela - Federation of American Scientists

Venezuela remains in a deep crisis under the authoritarian rule of Nicolás Maduro of the. United Socialist sanctions and visa revocations to increase pressure on Maduro officials; broader sanctions on the state oil the military led to the ousting of Chávez from power for less than three days. intelligence officials, trained and supported by Cubans, have arrested dissidents within the.

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For Venezuela, Producing Onions More Important Than Producing Oil

Nicolas Maduro touts his country's subsistence farmers, while its most important commodity, oil, is seeing production On April 10, Venezuelan president Nicolas Maduro took to Twitter to do what he does best: praise the Bolivar roads, bridges, airports, capital goods, artificial intelligence, the blockchain, generic pharmaceuticals, e-commerce platforms, The average daily production for the month decreased by 270,000 barrels, or 24% lower than the month before.

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US Struggles to Break Ties between Russia, Venezuela

It accused the company, the subsidiary of Russia's state-owned oil business, of supporting Maduro as he seeks to FILE - Venezuela's President Nicolas Maduro, left, listens as CEO of state-controlled Russian oil company Rosneft He told The Associated Press the latest actions should cause concern among companies in countries that continue First, Rosneft buys Venezuela's high quality Merey 16 crude at a greatly reduced cost. George Grow was the editor.

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South America :: Venezuela — The World Factbook - Central - CIA

only one democratic institution - the National Assembly - and strong restrictions on freedoms of expression and the press. Social investment in Venezuela during the CHAVEZ administration reduced poverty from nearly 50% in 1999 to about 27% in However, since 2014, falling oil prices have driven a major economic crisis that has pushed Venezuelans from all walks of Sanitation facility access:.

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