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Tag: oil

Venezuela
06/01/2016

U.S. companies pulling their business out of Venezuela to avoid losses due to the country’s hyper inflation

Since Nicolas Maduro became the president of Venezuela, back in 2013, the jump in oil prices started making a mess in the country. From that point on, many American companies had no other choice but to reduce, stop, or sell their Venezuelan based productions, so that they could avoid profit losses due to the country’s …

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