From Unilever to Ford, companies in Venezuela cling on by cutting products

By Corina Pons and Tibisay Romero CARACAS/VALENCIA, Venezuela, Aug 31 : Unilever’s factory in the outskirts of the northern Venezuelan city of Valencia once bustled with activity as it produced everything from soap to toothpaste for one of South America’s wealthiest economies. Now, with Venezuela struggling with a fifth year of recession and its economy […]

Venezuelan streets quieter than usual after opposition strike call

By Vivian Sequera and Mayela Armas CARACAS, Aug 21 : Venezuela’s streets were quieter than normal on Tuesday, but some businesses remained open despite an opposition call for a national strike to protest economic measures announced by socialist President Nicolas Maduro. The OPEC nation on Monday cut five zeros from prices in response to hyperinflation […]