Venezuelan President Nicolás Maduro announced that his country's Gross Domestic Product (GDP) grew by over 6% in the second ...

While this offers an enticing means of bolstering economic growth through the exploitation of Venezuela’s natural gas and using it to ease Europe’s shortage, it could still run afoul of U.S ...

When oil prices are high, Venezuela enjoys economic growth. When oil prices drop, the country experiences magnified economic downturns because it relies too heavily on oil exports.

Growth is projected to decelerate sharply and so is private consumption as the rich watch their currency lose value. In Chavez's last year at the helm, the economy grew at 5.5%, more than any ...

CARACAS, Venezuela (AP) — Venezuela's economy grew 5.2 percent in the third quarter as compared to the same period last year, officials said Tuesday, crediting both the private sector and an ...

Venezuela is facing a resurgence of violence and economic turmoil following allegations of fraud in the recent presidential elections favoring Nicolás Maduro. These accusations have ignited ...

CARACAS, March 24 (Reuters) - Venezuela, fighting to stop a slide into recession after a long economic boom fueled by record oil revenues, considers any economic growth at all this year "good ...

It is hard not to shed a tear for Venezuela. Latin America’s largest oil producer on Tuesday confirmed that it had pulled off the remarkable feat of contracting 1.4 per cent during a year in ...

Venezuela's deepening electricity crisis may drag on the economy for several years, dashing government hopes for GDP growth, slashing fuel exports from the OPEC country, and ushering in lengthy ...

Venezuela's partial dollarization has allowed for tenuous growth in commerce and services but is not enough to ensure recovery from years of hyperinflation, the president of business chamber ...

Venezuelan officials are reporting 5.2 percent economic growth for the third quarter as compared to the same period last year.Venezuela's Central Bank credited more supplies of imported goods and ...