South Am / Caribbean – PressClub World

12. 6. 2019 No Responses

Venezuela’s Inflation Finally Drops Below 1 Million Percent

Annual inflation in the country has dropped below one million percent in May for the first time since 2018, Reuters reports. And how did the country magically start to rope in inflation? The central bank restricted the domestic money supply – imagine that. Consumer prices...

15. 4. 2019 No Responses

EU Refiners Turn to Ural Crude as US Unleashed More Sanctions on Venezuela

European refiners switched to expensive Russian sour Urals crude after US sanctions hit Venezuela’s similar-grade exports. Experts said that even though US crude output is increasing and exports are due to soar later this year, it is not an alternative bec...

8. 4. 2019 No Responses

The Brazilian oil company Petrobras sold assets worth $8.6 billion

The Brazilian oil company Petróleo Brasileiro, better known as Petrobras, has made a fantastic move. Just before the whole world learns that about 85% of natural gas production will no longer be necessary or economical to burn in boilers, Petrobras...

5. 3. 2019 No Responses

Carneval in Rio de Janeiro: Beija-Flor de Nilópolis

Beija-Flor parades ‘worth seeing again’ reminding her 70 years of carnival Selminha Sorriso – Beija-Flor’s flag-bearer President of Beija-Flor, Anísio kisses the hand of Selminha Sorriso Raíssa Ol...