委內瑞拉政經危機；2015前半油價上漲的因素

Sixteen years after Hugo Chávez took power in Venezuela, and two years after he died, his “Bolivarian Revolution” faces the gravest threats yet to its survival. The regime is running out of money to import necessities and pay its debts. Venezuela is suffering from the combination of years of mismanagement and corruption, and the collapse in the price of oil http://econ.st/17l0Q1I

參考翻譯

The revolution at bay

ON A Wednesday evening around 30 pensioners have gathered for a meeting in a long, brightly lit room in a largely abandoned shopping gallery in Santa Teresa, a...

ECON.ST

By refusing to rein in oil production while prices fell, the Saudis permitted a big surplus to grow and served notice on higher-cost rivals that they would not prop up other people’s profit margins at the expense of their own market share. Oil is being stored in the hope that demand and prices will pick up later. So stocks, plus renewed political worries, have pushed the price of oil back over $60http://econ.st/1G3TADE

The Saudi project, part two

STAGE one of Saudi Arabia’s plan—or perhaps hope—to restructure the oil market is taking longer than expected.

ECON.ST