and then
DEVALUATION? NO! Venezuela should have the courage to revalue its currency by 35.53% to Bs.F 1.43/US$
By: Dr. Eudes Vera
The US government has injected, during the last 3 months, about US$1,000,000,000,000 into banks, financial institutions and bankrupt companies in an attempt to overcome a grave economic crisis. Manuel asserts that these dollars are not solidly backed
www.vheadline.com/readnews.asp?id=78616
VHeadline readers around the world — perhaps a bad case of measles?
By: VHeadline Venezuela News
You’d be forgiven for imagining there’s been a bad case of measles with this Clustrmaps log of VHeadline.com readers from around the world. Even after a whole year absent from the internet, this popular website is quickly regaining its prominence in
www.vheadline.com/readnews.asp?id=78597
United States arrests man in probe hitting Venezuela black market forex
By: Reuters
The man at the center of an investigation roiling Venezuela’s unofficial currency market has been arrested on money laundering charges in the United States. Rama Vyasulu was arrested by a US drug agent on Wednesday and hauled before a magistrate judg
www.vheadline.com/readnews.asp?id=78595
Interview with Minister of Economy & Finance Ali Rodriguez Araque
By: El Universal
The Minister of Economy & Finance Ali Rodriguez Araque said that the fall in oil prices would not only mean a revision of the budget revenues but that the economic growth rate is now estimated to end up 1-2% at the end of this year. The initial goal
www.vheadline.com/readnews.asp?id=78594
PDVSA cuts investment plan for 2009 by almost 40% to $12 billion
By: Laht.com
State-owned Petroleos de Venezuela (PDVSA) has cut its investment plan for this year by almost 40% to $12 billion, PDVSA Vice President Eulogio Del Pino told an industry group. He said, however, that PDVSA “is maintaining its policy” of devoting at l
www.vheadline.com/readnews.asp?id=78593
VenAmCham: “Everybody knows we are heading for communism”
By: El Universal
To honor his last name and his Scotch origin, Edward Jardine is an even-tempered, easy-going guy, even when his ideas of freedom, democracy and property are suffocated by the domestic state of affairs. He has spent his years in learning about consump
www.vheadline.com/readnews.asp?id=78592
Venezuela: High borrowing and monetary measures to fight crisis
By: El Universal
“I see some people who do not feel like applauding. Why is that?” reproached President Hugo Chavez to his legislators, governors, and mayors, as most of them were bewildered by his announcement that he would enact immediately the “Presidential Guidel
www.vheadline.com/readnews.asp?id=78591
Government’s public loans will apply to food sovereignty operations
By: El Universal
Now, under the draft law to reform the Organic Law of the Public Sector Financial Administration, the national government will be able to meet the tax urgent needs through indebtedness. The proposal makes reference to article 81 of said organic law.
www.vheadline.com/readnews.asp?id=78590
Roadmap for the future of Tehran-Caracas relations to be drafted
By: Fars News Agency
Visiting Iranian politico-economic delegations led by Foreign Minister Manouchehr Mottaki that is in Venezuelan capital city currently for evermore expansion and strengthening of bilateral ties proposed drafting and signing of a roadmap for future of
www.vheadline.com/readnews.asp?id=78589
Venezuela seeks to consolidate the economy and face the world crisis
By: Prensa Latina
The president of the Finance Commission of the legislature Ricardo Sanguino said that despite the economic crisis Venezuela’s growth rate will be between 1.5 and 2.0% of the Gross Domestic Product thanks to measures adopted by the government. The nat
www.vheadline.com/readnews.asp?id=78596
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