Gustavo Soto-Rosa

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A Debt Crisis Seems To Have Come Out Of Nowhere

It's a problem that has come seemingly out of nowhere. Over the last five years a worrisome number of low-income countries have racked up so much debt they are now at high risk of being unable to pay it back — with potentially devastating consequences not just for their economies but for their …

Africa

Project Management Software Is Evolving: Here's Why

Project management software is undergoing a significant evolution thanks to new technology and new demands.<p>Project management software isn't exactly new. Depending on how you count them, the earliest project management structures date back to the Harmonograms of 1896. So today, with dozens of …

Project Management

Venezuela's Amuay refinery distillation unit out of action: sources | Reuters

PUNTO FIJO, Venezuela (Reuters) - Distillation unit number five at Venezuela’s key Amuay refinery, the crisis-wracked country’s largest, is out of service, according to a union leader and worker at the complex.<p>FILE PHOTO: A general view of the Amuay refinery complex, which belongs to the Venezuelan …

Venezuela

These rich white bros started an East Coast caste system to continue their incestuous domination of America

They copied the idea from India and called themselves the “Boston Brahmins”<p>In 1860, American writer and physician Oliver Wendell Holmes Sr., whose …

India

For players like Felix Hernandez, conditions in their homeland of Venezuela are sickening

Venezuela ranks last in the world in terms of economic freedom, as 82 percent of its citizens live in poverty. “It used to be an awesome country,” …

Venezuela

EU threatens sanctions ahead of Venezuela vote

The EU has called on Nicolas Maduro's government to hold "free, transparent and credible elections" on May 20. Venezuela's opposition coalition says …

Venezuela

PDVSA Cancels Plans to Import U.S. Crude Oil Amid Cash Crunch

Petroleos de Venezuela SA, which relies heavily on U.S. oil to run its refinery in the island of Curacao, canceled plans to import American grades in …

Oil

Are Venezuelans too depressed to vote for president or is there nothing left to lose?

A month before Venezuela’s controversial and questionable presidential elections, a faction of the opposition and the international community are …

Venezuela
Venezuela

Venezuela's refugee crisis is finally getting an international response

CUCUTA, Colombia — Every night, convoys of government trucks come around to gather hundreds unauthorized Venezuelans from the public places where they used to sleep and return them to their side of the Rio Táchira. Others are chased across the border by police sirens.<p>But every day, the masses …

Venezuela

A Venezuelan Candidate Soldiers On With Democracy Itself in Doubt

Henri Falcon’s campaign to unseat Venezuelan strongman Nicolas Maduro is a dangerous slog.<p>First, government loyalists beat a top deputy so badly that …

Venezuela

Don't Look Now But Venezuela's Oil Production Is About To Go A Lot Lower

It's ironic that the investment community sees Venezuela's production decline as 1) one-time in nature and 2) a tail-risk.<p>Morgan Stanley had …

Oil

Under military rule, Venezuela oil workers quit in a stampede

CARACAS (Reuters) - Chauffeured around in a sleek black pick-up, the head of Venezuela's oil industry, Major General Manuel Quevedo, last month toured a joint venture with U.S. major Chevron.<p>Flanked by other trucks carrying security guards, Quevedo passed a handful of workers waiting by an oil well …

Venezuela

US promises $16 million to aid Venezuelan refugees

Washington D.C., Apr 16, 2018 / 04:33 pm (CNA/EWTN News).- As the humanitarian crisis in Venezuela deepens, U.S. Vice President Mike Pence announced …

Venezuela

Video: Rock Climbing Angel Falls in Venezuela

The video below is a clip from the recent National Geographic special <i>One Strange Rock,</i> which explores the unique aspects of our planet. In this …

Venezuela

Summit warns Caracas over presidential polls

Venezuela’s President Nicolas Maduro walks next to Bolivia’s President Evo Morales during their meeting in Caracas, Venezuela, yesterday.<p>Text Size:<p>A<p>A<p>A<p>…

Venezuela

La confusión

Quiero compartir mi confusión alrededor del proceso político que vivimos. Por una parte, entiendo la frustración de quienes no creen en participar en …

Excluded Venezuelan leader calls Americas summit 'failure'

CARACAS (Reuters) - Venezuela's President Nicolas Maduro, excluded from the Summit of the Americas due to regional censure of his democratic record, mocked the meeting in Lima as a "complete failure" on Saturday.<p>Addressing red-shirted supporters at an "anti-imperialist" rally in Caracas, …

Venezuela

Venezuela Anti-U.S. Revolt Collapses in Poverty, Mass Migration

After using the Summit of the Americas for more than a decade to help whip up anti-U.S. sentiment in Latin America, Venezuela this week found out how …

Venezuela

Venezuela empowers oil minister Quevedo to reform energy sector

CARACAS (Reuters) - President Nicolas Maduro has decreed extra powers to his oil czar Manuel Quevedo to try and halt sliding crude output in crisis-hit Venezuela, which has sunk to its lowest level since the 1950s.<p>Struggling with a deep economic recession, failed socialist policies, debt default, …

Venezuela

US vice president meets Venezuelan opposition ahead of summit

LIMA (PERU) (AFP) -<p>US Vice President Mike Pence met with Venezuelan opposition figures Friday shortly after he arrived in Peru ahead of a summit with Latin American leaders, reporters traveling with him said.<p>The high-level gathering in Lima on Friday and Saturday is expected to focus in part on the …

Venezuela

Venezuela's Maduro Forced Price Cuts Gets Caracas Shops Mobbed

<b>Caracas:</b> Mobs gathered outside some Caracas supermarkets on Saturday after the government ordered shops to slash prices, creating chaos as desperate …

Venezuela

Harvard Economist Says Dollarization Won't Fix Venezuela

Venezuela faces famine if it can’t reverse its collapse in output, and ditching the currency won’t do anything to help, according to Professor …

Venezuela

The Latest: Pence informed US leaders of Syria announcement

LIMA, Peru (AP) — The Latest on Vice President Mike Pence's trip to Latin America (all times local):<p>9:20 p.m.<p>U.S. Vice President Mike Pence informed congressional leaders of President Donald Trump's plans to announce airstrikes in Syria.<p>Pence's deputy chief of staff, Jarrod Agen, says Pence called …

Donald Trump

A Scorecard For The Fall Of Venezuela's Strongman

By Raúl Gallegos<p>For years people have been forecasting the fall of President Nicolás Maduro, Venezuela’s embattled strongman. And now, with Venezuela’s hyperinflation estimated to hit 13,000 this year, the deepest economic contraction in Latin America’s recorded history with GDP falling one third …

Venezuela

Venezuela rockers push anti-Maduro anthems as Americas Summit soundtrack | Reuters

CARACAS (Reuters) - A group of Venezuelan rock bands hope to popularize songs against President Nicolas Maduro by handing out a CD called “Rock Against Dictatorship” during a summit of Latin American and North American countries in Lima this week.<p>The 16-track disc ranges from catchy pop tunes to …

Venezuela

Trump couldn’t have picked a worse time to turn his back on South America

PRESIDENT TRUMP’S decision to skip the Summit of the Americas this week came at a particularly bad time. Held eight times since 1994, the gathering is the most important in the Western Hemisphere, and in the past it has given U.S. presidents a chance to exercise leadership. The White House had …

Brazil

Venezuela inflation 454 percent in first quarter: National Assembly

CARACAS - Prices rose 454 percent in the first three months of this year in Venezuela, according to the country's opposition-led National Assembly, whose numbers are broadly in line with those of independent economists.<p>The country is undergoing a major crisis, with millions of people suffering from …

Venezuela

Former government officials close to Hugo Chávez arrested in Spain, Venezuela says

Two former Venezuelan officials, Claudia Diaz Guillen and Adrián Velásquez, who were named in the Panama Papers financial corruption scandal have …

Corruption