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  • Venezuela Russia in joint oil venture

    BARCELONA, Venezuela (AFP) - Venezuela and Russia formed a joint venture to produce 120,000 barrels of oil a day by 2016 in two fields in the Orinoco Heavy Oil Belt.Russia will loan Venezuela $1.5 billion to finance the development of the fields under the terms of the agreement, and put up $1.1 billion for a 40 percent share in Petrovictoria.The agreement establishing Petrovictoria was signed by ...

  • Oil Prices Slip on China Data Fed Concerns

    U.S. crude futures dropped to around $94 a barrel on Friday after disappointing China data and on lingering concerns the U.S. Federal Reserve would curb its stimulus program. ...

  • WikiLeaks Evidence that the U.S. planned to overthrow President Chavez

    The documents were released by WikiLeaks on their Twitter accountAround 73 emails available on Wikileaks Global Intelligence Files online, show how Stratfor and Canvas set the routes that the right-wing would follow in order to topple Hugo ...

  • CEVA Logistics Names Barnett as Automotive VP for the Americas

    has appointed Jim Barnett as vice president of its automotive division for the Americas, effective immediately.Barnett will be based in Detroit and brings nearly 20 years of supply chain management and automotive manufacturing experience to this role. He joined the supply chain company in 2009 and for the last four years served as chief operating officer of CEVA's joint venture with Anji ...

  • UPDATE 8-Oil prices slip on China Fed concerns

    * Chinese factory activity shrinks, raising demand doubts * U.S. single-family home sales rise 2.3 pct * Euro zone business downturn eases in May-PMI * U.S. gasoline stocks abundant ahead of driving season (Updates prices, adds para on U.S. equities) By Anna Louie Sussman NEW YORK, May 23 (Reuters) - Oil prices pared losses after falling to a three-week low on Thursday in a broader ...

Movie Review

The Burning [DVD]

The Burning [DVD]

Everybody has to start somewhere, and for Harvey and Bob Weinstein, the independent producer/distributors who founded Miramax Pictures and helped reignite the fire of American independent cinema in the early 1990s, it was a cheap Friday the 13th-knockoff called The Burning. Pro ... ...

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  • Video PM arrives in Colombia to talk trade with Pacific Alliance

    The prime minister is in Colombia to observe the Pacific Alliance discussions -- grouping Mexico, Colombia, Peru and Chile. International Trade Minister Ed Fast called the countries Canada's most trusted partners in the ...

  • Venezuelas PdVSA to Receive $1.5 Billion Loan From Rosneft for Oil Joint Venture

    State-energy monopoly Petroleos de Venezuela, or PdVSA, and Russian oil company Rosneft (ROSN.RS) signed deals Thursday to boost production at a new joint venture in the South American country's vast Orinoco heavy oil belt.Russia will extend to Venezuela a $1.5 billion loan as well as a separate $1.1 billion bond for its participation in Petrovictoria, which will oversee exploration and ...

  • The Egg Without Salt Maduro Struggles to Govern Venezuela

    Venezuela's President Nicolas Maduro greets supporters during a May Day rally in Caracas May 1, 2013. (Carlos Garcia Rawlins/Reuters) Last month, Venezuela elected a president on the recommendation of Hugo Chavez. But as the problems the country faces loom larger, President Nicolas Maduro is finding his predecessor's one-man show a difficult act to follow. It was inevitable that ...

  • Police helicopter crashes during chase in Venezuela 5 dead

    CARACAS, Venezuela - Venezuelan authorities say a police helicopter has crashed while pursuing suspects in a kidnapping, and all five people aboard have been killed. Police spokesman Luis Karabin told state television that the helicopter went down Thursday in a forested area east of Caracas. The cause of the crash was not immediately clear, but Karabin cited atmospheric conditions. He said ...

  • Maduros confused signals bode ill for Venezuelas recovery

    Hugo Chavez , who died of cancer in March. This week the National Assembly passed funding that could make toilet paper available to Venezuelans. Maduro, who succeeded Chavez after a snap election in April, has pledged to solve Venezuela's endemic problems of shortages and slow growth and has also attempted to distance himself occasionally from Chavez. Conflicting statements on ...

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