Search Results for: Venezuelan

BY PACIFICA GODDARD

CHINA’S entry into the World Trade Organisation (WTO) in 2002 and the recent end of quotas in the US and European markets have created gigantic changes in the textile industry worldwide, with developing markets like those in Latin America expected to suffer the most from these shifts.…

BY PACIFICA GODDARD, in Caracas

LATIN AMERICA has long been notorious for its high levels of corruption, especially through money laundering, bribery and the illicit drug trade. And although the recent years of relative stability and democratisation in the region have brought economic progress, this has also widened the opportunities for fraudulent activities and fuelled an increasing sophistication by which they are performed.…

BY RACHEL JONES, in Caracas

BIOGRAPHY

Olga Sandoval, 29, Licensed Nurse, University Hospital (Hospital Clinico Universitario), Caracas, Venezuela

Nursing License, Central University of Venezuela (UCV). Worked for two years in the San Roman Urological Clinic and seven years at the University Hospital, including one year of intensive care training.…

BY RACHEL JONES, in Caracas

FOLLOWING the late-November OPEC summit in Riyadh, Saudi Arabia, Venezuelan President Hugo Chavez visited Tehran to discuss joint ventures over oil refining and then chuckle with his Iranian counterpart, Mahmoud Ahmadinejad, over the weakened US dollar.…

BY RACHEL JONES, in Caracas

VENEZUELA’S Orinoco Belt-which follows the line of the Orinoco River in the south of the country’s Guárico, Anzoátegui and Monagas states-is home to some of the biggest reserves of crude oil in the world: 77.2 billion barrels of conventional proved reserves, and about 270 billion barrels of recoverable heavy oil.…

BY RACHEL JONES, in Caracas

THE OSCAR Machado Zuloaga Airport (SVCS), (NOTE – SPELLING IS CORRECT) also known as the Caracas Airport, sits on a mesa (flat-topped hill) in Charallave, a 45-minute drive from Venezuela’s capital of Caracas. The privately owned airport, flanked by manicured boulevards, provides a tranquil home for about 500 small planes.…

BY RACHEL JONES, in Caracas

A NUMBER of factors have contributed to a booming Latin American market in soap, perfume and cosmetics – most importantly, regional economic growth and a healthy overall GDP. Hair care is the region’s biggest seller, but an increase in life expectancy has created a growing demand for skin care products, especially those related to anti-aging and sun protection.…

BY RACHEL JONES, in Caracas
VENEZUELA’S economy, fueled by its vast oil wealth, has grown by about 9% in 2006, making it one of the fastest-growing in Latin America, resulting in increased consumption and production of paints and coatings. However, the boom has not been all good news for the sector, it has also caused problems related to inflation and currency controls, specifically in regards to the importation of primary materials for production.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is to lend US$24 million to Vinccler, a Venezuelan oil and gas exploration/production company. A wholly owned subsidiary of Petrofalcon, it will use the money to increase production and stage technical tests.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$105 million to Petrobras Energía Venezuela (PEV), owned by Argentina’s Pecom Energía, for developing PEV’s four Venezuelan oil fields. The IFC said the loan was “critical to the sustainability and expansion of PEV.”…