Post Tagged with: "USD"

Oil Production Diving, Inflation Climbing Fast: Venezuelans Squeezed

Oil Production Diving, Inflation Climbing Fast: Venezuelans Squeezed

Venezuela’s citizens are left holding a bag, one that is saddled with $60 billion dollars worth of debt.

Citizens of Venezuela have been buying into bonds due to government policies of subsidizing the purchase of foreign debt by individual investors, …

Strong Dollar Following Brexit Vote Pushes Down Oil

Strong Dollar Following Brexit Vote Pushes Down Oil

Markets see the largest single-day selloff in history following the Brexit, currencies react

The surprise decision by the United Kingdom to leave the European Union triggered the largest single-day selloff in history, according to Standard & Poor’s Dow Jones Indices. …