Venezuela's sprawling oil smuggling machine, long valued in the billions of dollars, is suddenly colliding with a wall of U.S. power. A trade that once moved crude quietly through "dark" tankers and ...
Venezuela devalued its currency by almost 35 percent on Monday to bring it into line with the exchange rate of the dollar on the black market. The exchange rate is now fixed at 3,200 bolivars to the ...
Venezuelas money, the bolivar, is sinking faster and faster under an intensifying political and economic crisis that has left citizens destitute and increasingly desperate. On Thursday alone, the ...