Thursday, 8 January 2015

Venezuelan leader turns to China amid oil collapse

OIL AND GAS
Venezuelan leader turns to China amid oil collapse
Caracas (AFP) Jan 6, 2015 - Sliding oil prices have sent Venezuela on a downward spiral - and sent President Nicolas Maduro on a trip to China to make an urgent appeal for cash. Maduro, who announced his "very important tour" in a national address Sunday after admitting Venezuela was in recession, made a stopover in fellow oil giant Russia on Monday before arriving Tuesday in China, his country's largest investor and ... more


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