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Secret Gold Trade With Uganda Exposes Underground Economy Keeping Maduro"s Venezuela Afloat

Authored by David Craggen via.....»»

Category: blogSource: zerohedgeJun 22nd, 2019

How 7.4 tons of Venezuela"s gold landed in Africa – and vanished

A Russian airliner’s secretive deliveries to a refinery in Uganda expose one link in a global underground economy many suspect is helping Nicolás Maduro cling to power. ‘It’s a fire sale.’.....»»

Category: topSource: moneycentralJun 19th, 2019

How 7.4 tons of Venezuela"s gold vanished in Africa

A Russian airliner’s secretive deliveries to a refinery in Uganda expose one link in a global underground economy many suspect is helping Nicolás Maduro cling to power. ‘It’s a fire sale.’.....»»

Category: topSource: moneycentralJun 19th, 2019

How 7.4 tons of Venezuela"s gold vanished in Africa

A Russian airliner’s secretive deliveries to a refinery in Uganda expose one link in a global underground economy many suspect is helping Nicolás Maduro cling to power. ‘It’s a fire sale.’.....»»

Category: topSource: moneycentralJun 19th, 2019

How 7.4 tons of Venezuela"s gold landed in Africa---and vanished

A Russian airliner’s secretive deliveries to a refinery in Uganda expose one link in a global underground economy many suspect is helping Nicolás Maduro cling to power. ‘It’s a fire sale.’.....»»

Category: topSource: moneycentralJun 19th, 2019

Carlos Ghosn"s escape plane reportedly also ferried gold for Venezuela"s Nicolas Maduro

Reuters A plane likely used by Carlos Ghosn to escape Japan via Turkey is suspected of assisting in a gold trade involving Venezuela, Bloomberg News reported Friday.  MNG Holdings was recruited to .....»»

Category: topSource: businessinsiderJan 3rd, 2020

Oil was the only thing keeping Venezuela afloat. Now the government is too dysfunctional to even pump it.

Venezuela leads the world in two things: oil reserves and incompetence. What else can you say about an oil-based economy that's falling apart faster than ever before despite the fact that oil prices have risen more than 50 percent over the past year?.....»»

Category: topSource: washpostMay 18th, 2018

US official: Maduro "looting" Venezuela"s gold reserves

A top U.S. official is accusing Venezuelan President Nicolas Maduro of illegally exporting tons of gold in a bid to rescue his country's collapsing economy......»»

Category: topSource: foxnewsOct 24th, 2018

Trump Signs Executive Orders Targeting Venezuela Gold Exports

In the latest move to pressure Venezuela's president Nicolas Maduro, Donald Trump signed an executive order enabling new sanctions on Venezuela’s gold sector, in a bid to disrupt trade with Turkey .....»»

Category: blogSource: zerohedgeNov 1st, 2018

Metals Stocks: Gold in ‘danger zone,’ struggles to retain perch at $1,800 as stocks rebound

Gold contracts on Wednesday trade slightly lower after Federal Reserve Chairman Jerome Powell tried to placate markets that had grown skittish about a rapid rise in bond yields as the economy attempts to recover from the COVID-19 pandemic......»»

Category: topSource: marketwatchFeb 24th, 2021

China Caught Importing "Doctored" & Rebranded Venezuelan Oil To Evade US Sanctions

China Caught Importing 'Doctored' & Rebranded Venezuelan Oil To Evade US Sanctions It's no secret that Maduro's Venezuela ha.....»»

Category: dealsSource: nytJan 23rd, 2021

Reopening the economy vs. keeping it shut longer. What"s more costly?

Economists and experts weigh the difficult trade-off in fighting the coronavirus. Economists and experts weigh the difficult trade-off in fighting the coronavirus......»»

Category: topSource: latimesApr 23rd, 2020

Trade & Development Bank arranges $328 million loan for Uganda

The Eastern & Southern African Trade & Development Bank arranged a 300 million euro ($328 million) loan for the Ugandan government to help support its economy during the coronavirus pandemic......»»

Category: topSource: moneycentralApr 11th, 2020

The coronavirus outbreak has led to a massive shortage of face masks. From scientists in Prague to fashion designers in Venezuela, these photos show an underground economy of people making their own masks.

David W Cerny/Reuters The coronavirus pandemic has led to a global shortage of face masks, and people around the world are maki.....»»

Category: topSource: businessinsiderMar 26th, 2020

The US has indicted Venezuela"s Maduro, accusing him of using the drug trade as a "weapon against America"

Associated Press The US governmen.....»»

Category: topSource: businessinsiderMar 26th, 2020

Gold jumps, stocks trade erratically after Fed"s rate cut

Global equity markets seesawed erratically in volatile trade and gold prices rose more than 3% on Tuesday after the Federal Reserve cut interest rates in an emergency move to shield the U.S. economy from the impact of the coronavirus......»»

Category: topSource: reutersMar 3rd, 2020

Gold jumps, world stocks trade erratically after Fed"s rate cut

Global equity markets seesawed in volatile trade and gold prices rose more than 2% on Tuesday after the Federal Reserve cut interest rates in an emergency move to shield the U.S. economy from the impact of the coronavirus......»»

Category: topSource: reutersMar 3rd, 2020

US trade deficit narrows for first time in 6 years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»

Category: topSource: moneycentralFeb 5th, 2020

U.S. trade deficit narrows in 2019 for first time in six years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»

Category: topSource: reutersFeb 5th, 2020

U.S. trade deficit shrinks in 2019 for first time in six years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»

Category: topSource: reutersFeb 5th, 2020

U.S. stocks retreat on economy and trade jitters

Wall Street stepped back from last week's record highs on Monday, with disappointing U.S. manufacturing data and fresh trade worries keeping buyers on the sidelines......»»

Category: topSource: reutersDec 2nd, 2019