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economic crisis 2017

Venezuelan Finance Minister Assures PDVSA Will Pay Out 2017 Bonds

Economy Vice President Ramón Lobo. (@RamonLoboPSUV)

Minister of Finance, Industry and Commerce Ramón Lobo confirmed in an interview this week that Venezuela will meet its debt payments for 2017 in light of this year’s rise in global oil prices.

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Venezuela’s Latest Victory in Exxon Case?

World Bank to Reduce Venezuela Payout in Exxon Case

Venezuela has been locked in a legal battle with Exxon Mobil for a decade. (Jason Reed/Reuters)

A World Bank tribunal partially overturned a US$1.6 billion ruling against Venezuela over the nationalisation of Exxon Mobil assets.

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Blaming Socialism, US Media Distorts Venezuela’s Food Crisis

Supermarket shoppers in Caracas, Venezuela. (Reuters)

The facts are clear — Venezuela does have a food crisis, but mainstream U.S. media always blames the socialist government.

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Venezuela’s Maduro Vows to Expand Food Distribution Program to 6 Million Families

President Nicolas Maduro inaugurating a new CLAP packaging facility in Sucre state. (AVN)

Venezuelan President Nicolas Maduro announced Wednesday plans to expand his government’s flagship anti-scarcity program to cover 6 million families.

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Venezuelan Fishermen to Benefit from Government Investment

A fisherman holds up a groper he caught off the coast of Catia La Mar. (Photo: teleSUR)

Fishermen hope strategic alliances will lead to increased fish exports.

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Marta Harnecker: "A New Revolutionary Subject has Been Created in Venezuela"

Chilean author Marta Harnecker (Links International Journal of Socialist Renewal).

Chilean scholar Marta Harnecker talks Marxism, Venezuela and the Latin American left with Greek journalist Tassos Tsakiroglou during her recent visit to Athens.

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