Hugo Chavez News
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Encarnacion Rivas, an 89-year-old Venezuelan retiree, had to traipse around a half-dozen stores in Caracas on her search for toilet paper as dollar shortages in South America’s biggest oil producer reduce supplies of imported goods.
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Petroleos de Venezuela SA will allow joint ventures with China National Petroleum Corp. and Chevron Corp. to manage $6 billion in loans designed to reverse oil output declines, said a PDVSA official.
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EAC A/S, Venezuela’s biggest meat producer, fell to the lowest price in 11 weeks in Copenhagen after Danske Bank A/S said a change of political leadership isn’t improving conditions in the South American country.
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Venezuela President Nicolas Maduro accused billionaire Lorenzo Mendoza, the owner of the nation’s largest privately-held company, of exacerbating the worst shortages in at least four years and fueling inflation.
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Venezuela President Nicolas Maduro accused Lorenzo Mendoza, owner of Empresas Polar SA, Venezuela’s largest privately held company, of reducing food production and creating shortages amid record scarcity and the region’s fastest inflation.
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A U.S. man held in Venezuela on suspicion of espionage was playing the part of a documentary filmmaker to penetrate the government’s circle of supporters, Interior Minister Miguel Rodriguez Torres said today.
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General Motors Co., the biggest U.S. automaker, rose to the highest price in since July 2011 after reporting a narrower first-quarter loss in Europe than a year earlier and earning more money than analysts had estimated.
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When Argentina canceled its double- taxation treaty with Spain last year, it had a lot to do with a billionaire named Paolo Rocca, the world’s 105th-richest man.
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Venezuela’s government charged an ally of presidential runner-up Henrique Capriles Radonski for inciting violence in the wake of April 14 elections in which the public prosecutor said nine people died.
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The U.S. citizen detained by Venezuela on accusations of spying is a documentary filmmaker who had accreditation from the South American country’s electoral council to observe elections this month, his lawyer said today.
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