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Venezuela battling a tough economic storm

Venezuela battling a tough economic storm

CARACAS, January 9, 2015 - Venezuela is battling a tough economic storm, sending President Nicolas Maduro to  the middle east to speak with OPEC and to China to raise additional finances.
Chinese President Xi Jinping (R) meets with Bahamas Prime Minister Perry Christie in Beijing, capital of China, Jan. 7, 2015. (Xinhua/Liu Weibing)

China, Bahamas pledge to increase cooperation

BEIJING, Jan. 7 (Xinhua News Agency) -- Chinese President Xi Jinping and Bahamas Prime Minister Perry Christie pledged to boost cooperation between the two countries as they met on Wednesday at the Great Hall of the People.
China's President Xi Jinping speaks at the opening ceremony of the 1st Ministerial Meeting of China-CELAC Forum at the Great Hall of the People in Beijing. | Photo: Reuters

Xi pledges Latin America, Caribbean investments of US$250 billion

BEIJING, Cgina Thursday January 8, 2015 - Chinese president Xi Jinping Thursday opened a historic meeting between his nation and the countries of the Community of Latin American and Caribbean States (CELAC) by pledging US$250 billion in new investment in Latin America over the next decade.
Free Fall of the Ruble – A Brilliant Ploy of Russian Economic Wizards?

Free Fall of the Ruble – A Brilliant Ploy of Russian Economic Wizards?

“ICH”, “Global Research”, “The Saker Blog”. – The world is still hell-bent for hydrocarbon-based energy. Russia is the world’s largest producer of energy. Russia has recently announced that in the future she will no longer trade energy in US dollars, but in rubles and currencies of the trading partners. In fact, this rule will apply to all trading.
The president Nicolas Madure departed Venezuelan for China on Sunday | Photo: teleSUR

Maduro aims to boost oil prices - on China/OPEC tour

CARACAS, January 5, 2015 - Venezuelan president, Nicolas Maduro on Sunday said he would begin a world tour to try to stem the impact of declining oil prices on his country’s economy. He will also attend the meeting between China and representatives of the Commonwealth of Independent States Latin American and Caribbean States (CELAC).
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