Venezuelan bonds rallied as the government said it will ease exchange controls and get as much as $7 billion in financing from China and Russia as it attempts to damp three-week-old protests that are expected to continue.
Venezuela’s government said it will relax exchange controls imposed over the past decade as it attempts to ease shortages of basic goods and damp deadly protests over the rising cost of living. Bonds rallied.
The death toll from more than three weeks of protests in Venezuela rose to 19 as opposition and government supporters held rival marches and the Organization of American States hosted a closed-door meeting on the crisis.
Remember that really funny ad from the Super Bowl this year? Yeah, me neither. TV commercials just aren’t as funny as we’d like to remember them being. Fortunately, someone has discovered the secret ingredient that makes TV ads funny again: marijuana.
Rebekah Brooks told a London court that News Corp. Chairman Rupert Murdoch asked her not to resign from her post running the company’s U.K. newspaper unit at the height of the phone-hacking scandal in July 2011.
The Ukraine crisis jeopardizes President Barack Obama’s efforts to enlist Russia’s cooperation on a range of issues, including seeking an end to Syria’s civil war, halting Iran’s nuclear ambitions and facilitating the withdrawal of U.S. and allied forces from Afghanistan.