Trump, Venezuela, and midterm pivot to economy
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The Dow later slipped 240 points, or 0.49%, to 49,221.89. The S&P 500 edged down 0.10% to 6,937.81. The Nasdaq outperformed, rising 0.13% to 23,578.05. Despite modest pullbacks, all three indexes held close to record territory,
Economists say President Trump’s move against Venezuela is unlikely to deliver meaningful near-term economic gains, particularly in global oil supply.
(Bloomberg) -- Venezuelan inflation is skyrocketing as US President Donald Trump ratchets up his campaign to financially isolate the socialist regime in Caracas. The inflation rate soared to 556% in the 12 months through Dec. 17, up from 219% at the end of ...
Venezuela, currently in the throes of an escalating crisis with the United States, closed the books Wednesday on a complicated year for its economy, with
Dec 17 (Reuters) - Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming weeks after Washington ordered a blockade of oil tankers under sanctions, analysts and business leaders said ...
Seeking Alpha's roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks. President Trump told NBC News that he hasn't ruled out war against Venezuela. “I don’t rule it out, no,” Trump told the news ...
Oil prices are falling after Donald Trump's strikes in Venezuela with experts claiming it will cut inflation and ease fuel and energy bills in the UK. President Nicolás Maduro and his wife were captured and brought to the US last week and are being held in New York.
Who will benefit from this? Maybe American oil companies that had their operations seized in 2007. Perhaps Chevron, the only U.S. producer active in Venezuela today. Beyond that narrow list, the answer isn’t immediately obvious.
There’s one clear implication from the events unfolding in Venezuela-- multilateralism and rules-based foreign policy as we know it could be a thing of the past. That’s a boon for commodities, including precious metals,
Analysts and business leaders say that foreign currency flows into Venezuela's private sector could drop in the next few weeks, after Washington ordered a ban on oil tankers as part of sanctions. This would likely fuel inflation in this OPEC country.
Venezuela’s oil reserves could shift global supply, ease inflation and influence U.S. interest rates, energy security and stock valuations as production comes back online