Category : Search result: economic crisis Venezuela


IMF, World Bank Hold Emergency Talks on Venezuela

The IMF and World Bank boards held unscheduled meetings to discuss Venezuela's economic revival and data blackout. Explore the potential for a $5 billion SDR package and renewed engagement.

Calgary's economy projected to grow 2.4% in 2026

A Conference Board of Canada report forecasts Calgary's economy will expand by 2.4% this year, maintaining growth despite headwinds like soft oil prices and a cooling housing market. Read the full analysis.

Canadian Dollar Dives After U.S. Action in Venezuela

The Canadian dollar's upbeat 2026 forecast is in jeopardy after falling 0.7% following U.S. military action in Venezuela. Analysts warn of risks to oil exports and economic growth. Read the full analysis.

Krugman Critiques Trump's Venezuela Oil Claims

Nobel laureate Paul Krugman dismantles Donald Trump's assertions about capturing wealth from Venezuela's oil, citing major economic and logistical barriers. Read the full analysis.

Ex-envoy: Canada 'parroting' Trump on Venezuela

A former Canadian diplomat criticizes Ottawa for aligning with a U.S. approach he calls anti-democratic towards Venezuela. Read the full analysis of Canada's foreign policy stance.

Venezuela's Oil Potential Locked by Sanctions, Investment Gap

Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.

How U.S. Venezuela Action Affects Canada

The U.S. capture of Venezuela's president raises global tensions. Explore five key ways this geopolitical shift could directly affect Canada's economy and foreign policy.

U.S. and Venezuela Strike $2 Billion Oil Export Deal

The U.S. and Venezuela reach a landmark deal for up to $2 billion in crude oil exports, redirecting shipments from China. President Trump announces the agreement, which follows the capture of Nicolas Maduro.

U.S. Warns Venezuela's Cabello, Backs Interim Rule

The Trump administration pressures Venezuela's Diosdado Cabello to cooperate with interim leader Delcy Rodriguez or face consequences, aiming for stability and U.S. oil access. Explore the high-stakes strategy.

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