Venezuela
Economy
Iranian President Mahmoud Ahmadinejad reached Venezuelan capital Caracas on November 25 to meet his Venezuelan counterpart Hugo Chávez. The two leaders held discussions aimed at...
2009-11-30Economy
BMI View:The dismal third quarter GDP growth figure (-4.5%) was a clear reminder of the poor state of the economy, and confirms our long-held expectations that Venezuela would lag...
2009-11-30Political Risk
BMI View: Tensions between Venezuela and Colombia remain heightened, due to the formers' belligerent rhetoric and recent destruction of bridges straddling the border. Although the...
2009-11-27Economy
We are revising down our end-year inflation target from 40.0% to 32.0% as the headline inflation rate continues to lag the core rate due to pervasive price controls. However, we...
2009-09-11Economy
Venezuela's current account flipped from a US$4.2bn deficit in Q109 to a US$2.2bn surplus in Q209 as a recovery in oil prices reversed the trade deficit.
2009-09-07Economy
Venezuelan President Hugo Chávez is preparing to break diplomatic ties with Colombia in a clash over Bogota's decision to allow the US military access to seven of Colombia's army...
2009-09-07Political Risk
Venezuelan President Hugo Chávez's increasingly authoritarian stance continues to weaken Venezuela's case for Mercosur entry in the eyes of Brazilian and Paraguayan lawmakers. As...
2009-09-04Economy
Real GDP growth came in at -2.4% y-o-y in Q209. While this was the worst figure in 23 quarters, oil-fuelled government spending prevented a more intense collapse. Although we remain...
2009-08-24




