Latest editorial
Oil-price rises boost Venezuela economy
Recovery shows Washingtons attempts at sabotage have failed
Meanwhile, Nato foreign ministers debate increased weapons spending as police investigate the bloc’s purchases of military equipment
VENEZUELA’S economy is bouncing back despite US financial sanctions, ministers and business leaders said on Monday.
Economic activity is up 63 per cent, oil prices are up by $15 a barrel and non-oil exports are up 30 per cent.
Oil Minister Eulogio del Pino said: “The Venezuelan oil basket has exceeded the $55 per barrel barrier.”
More from this author
Similar stories
The new ‘Bolivar’ Act expands the brutal sanctions programme as the Trump team signals a return to aggressive regime change and foreign mercenaries plot insurrection and assassination, writes TIM YOUNG
TIM YOUNG warns that the president-elect’s record of economic and political interference from his last stint in the White House show dangerous potential for escalated aggression against the Bolivarian government from 2025
About half of Venezuela’s voting population is reliably wedded to the Bolivarian project. No other political project in Venezuela has the kind of election machine built by the forces of the Bolivarian revolution, argues VIJAY PRASHAD
