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business English News Blog for  Venezuela News Blog March Archive 

Canada miner shocks skeptical stock market

By Kali at 03/29/07 05:41

Shares in Canada miner, Gold Reserve Inc. rocketed 49% in heavy trading, after the company stunned a skeptical market yesterday by winning a key permit to mine a significant gold-and-copper reserve in Venezuela.

Original source: Financial Post. Venezuela lets in Canadian miner

Venezuela's love affair with shopping

Despite the drive by Venezuela President Hugo Chávez towards radical Marxism and his frequent demands for the creation of a socialist state, the average Venezuelan has other interests. Chief amongst these is a love affair with shopping .

Original source: The Santiago Times. CONSUMERISM IS KING IN CHAVEZ’S VENEZUELA

Exxon pondering the future in Venezuela

Exxon has said it will comply with a decree by President Hugo Chavez to hand over its multi-billion dollar Orinoco reserve operations by 1 May, but the US oil giant is considering its options in Venezuela carefully as the country's president drives through nationalization plans.

Original source: BBC news. Exxon mulls future in Venezuela