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Venezuela will slash value of currency  President Hugo Chavez has announced that the bolivar will be devalued for the first time since 2005 by at least 17% Venezuela seizes U.S.-owned food plant  Venezuela temporarily seized a pasta-making plant belonging to food giant Cargill, citing a production quota dispute   Chavez seizes oil service firms  President Hugo Chavez has sent troops to take over companies that provide services for the oil industry including two US-owned gas facilitie...   Chavez cuts budget over oil price  President Chavez has unveiled a series of measures to offset falling oil revenues that account for about 50% of the national budget Military 'seizes ports'
World News World Business (569) Latin America (547) South America (173) Venezuela (139) Disasters (18) Politics (102) Crime (22) Sports (8) War & Army (29) Business (28)
Energy (2) Retail (1) Financial (4) Food (7) Oil (7) Aviation Business (1) Military Business (2) Bad Economic News (1) Trade (2) Macroeconomics (2) Labor Conflict (3)
February (1) January (3) 2009 (6) 2008 (8) 2007 (8) 2005 (1) 2002 (4) 2001 (1)
Chavez
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Stores face punishment after devaluation  Inspectors, aided by the military, shut down 70 stores as a sanction for allegedly adjusting prices in the wake of a currency devaluation   Chavez: military will monitor prices
  Chavez announces electricity emergency


February 2010 ... more > Top ^
Feb.9
  Venezuelan President has declared a state of emergency for the nation's electricity supply and announced a series of billing sanctions and rewards


January 2010 ... more > Top ^
Jan.11
Jan.10
  In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices

Jan.8  


year 2009 Top ^

May.15
May.8
Mar.21
  Venezuela's military has taken control of key airports and sea ports under the terms by parliament to centralise the main transport hubs
Mar.4 Chavez orders nationalization of Cargill  President Hugo Chavez had ordered the nationalization of at least some of the operations of the U.S.-based food giant Cargill Feb.28 Chavez sends army to rice plants  President Hugo Chavez accused some firms of overcharging by refusing to produce rice at prices set by the government

year 2008 Top ^

Oct.10   Venezuela shuts down McDonald's  The government has shut all branches of restaurant chain for 48 hours, citing tax irregularitie Jul.22 Chavez to spend big on Russian weapons   Moscow: Venezuelan President arrived to discuss a deal to spend billions on Russia weapons Jun.21   Venezuela 'taking control' of mines  The government will put national interests first in the mining sector and forbid mining in a forest reserve that is home to gold concession... May.29 Latin Americans to discuss cost of food  Envoys from 26 countries meet in Caracas to discuss the rising cost of food and draw up a united policy for the region Apr.23 LatAm leaders in food price pact Apr.4 Venezuela nationalizes cement companies Feb.12   Exxon Mobil cut off from Venezuela's oil  Venezuela's state oil company has stopped selling crude to Exxon Mobil Corp. in response to the U.S. oil company's drive to use the courts Jan.20 Chavez to farmers: Sell within Venezuela

year 2007 Top ^

Dec.21 Chavez proposes oil barter scheme
  President Hugo Chavez has said Central American and Caribbean states could pay for oil with services or products like bananas and sugar Dec.6 Inflation worries
Nov.30 Chavez threatens to cut oil if U.S. Jun.25   US firms 'reject' Venezuela deal  Conoco Phillips and Exxon Mobil have reportedly rejected a deal that would keep them working in Venezuela's most important reserve May.1 Chavez takes control of oil giants Apr.30     Venezuela to pull out of IMF, World Bank
  President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions Jan.13 Venezuela to nationalize energy sector Jan.8 Chavez bid for more state control
  The President has pledged to nationalise key Venezuelan companies to transform the country into a full socialist state


year 2006 Top ^

Apr.29   Leftist trio seals Americas pact
   Cuba: The leaders of Bolivia, Cuba and Venezuela have signed a trade agreement to counter US influence


year 2005 Top ^

Nov.28 Venezuela signs Spain arms deal  Spain has concluded a controversial deal in Caracas to supply military equipment worth $2bn

year 2004 Top ^



year 2002 Top ^

Dec.19 Oil execs defy court order, stay off job  Dissident executives of state-owned company defied a Supreme Court ruling to immediately return to work Dec.18 Strike strangles oil exports
  Opposition demonstrators blocked major highways and roads, paralyzing parts of the capital Dec.5 Troops step into strike Aug.23 Economy registers sharpest drop ever

year 2001 Top ^

Dec.10 Strike closes cities

Venezuela, Business Major Events in 21st Century

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Chavez to spend big on Russian weapons   Moscow: Venezuelan President arrived to discuss a deal to spend billions on Russia weapons Venezuela signs Spain arms deal  Spain has concluded a controversial deal in Caracas to supply military equipment worth $2bn   Chavez: military will monitor prices




Venezuela, Business Military Business Timeline ... See World Military Business timeline Top ^
2008
Jul.22
2005
Nov.28




Venezuela, Business Financial Timeline ... See World Financial timeline Top ^
2010
Jan.10
  In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices
Jan.8 Venezuela will slash value of currency
  President Hugo Chavez has announced that the bolivar will be devalued for the first time since 2005 by at least 17% 2007 Dec.6 Inflation worries Apr.30   Venezuela to pull out of IMF, World Bank
  President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions



Venezuela, Business Aviation Business Timeline ... See World Aviation Business timeline Top ^
2009 Mar.21 Military 'seizes ports'
  Venezuela's military has taken control of key airports and sea ports under the terms by parliament to centralise the main transport hubs




Venezuela, Business Retail Timeline ... See World Retail timeline Top ^
2010 Jan.11 Stores face punishment after devaluation
  Inspectors, aided by the military, shut down 70 stores as a sanction for allegedly adjusting prices in the wake of a currency devaluation



Venezuela, Business Food Timeline ... See World Food timeline Top ^
2009 May.15 Venezuela seizes U.S.-owned food plant  Venezuela temporarily seized a pasta-making plant belonging to food giant Cargill, citing a production quota dispute Mar.4 Chavez orders nationalization of Cargill  President Hugo Chavez had ordered the nationalization of at least some of the operations of the U.S.-based food giant Cargill Feb.28 Chavez sends army to rice plants  President Hugo Chavez accused some firms of overcharging by refusing to produce rice at prices set by the government 2008 Oct.10 Venezuela shuts down McDonald's  The government has shut all branches of restaurant chain for 48 hours, citing tax irregularitie May.29 Latin Americans to discuss cost of food  Envoys from 26 countries meet in Caracas to discuss the rising cost of food and draw up a united policy for the region Apr.23 LatAm leaders in food price pact Jan.20 Chavez to farmers: Sell within Venezuela



Venezuela, Business Macroeconomics Timeline ... See World Macroeconomics timeline Top ^
2007 Jan.8 Chavez bid for more state control
  The President has pledged to nationalise key Venezuelan companies to transform the country into a full socialist state
2002 Aug.23 Economy registers sharpest drop ever



Venezuela, Business Trade Timeline ... See World Trade timeline Top ^
2007 Dec.21 Chavez proposes oil barter scheme   President Hugo Chavez has said Central American and Caribbean states could pay for oil with services or products like bananas and sugar 2006 Apr.29   Leftist trio seals Americas pact
   Cuba: The leaders of Bolivia, Cuba and Venezuela have signed a trade agreement to counter US influence




Venezuela, Business Labor Conflict Timeline ... See World Labor Conflict timeline Top ^
2002 Dec.19 Oil execs defy court order, stay off job  Dissident executives of state-owned company defied a Supreme Court ruling to immediately return to work Dec.5 Troops step into strike 2001 Dec.10 Strike closes cities



Venezuela, Business Energy Timeline ... See World Energy timeline Top ^
2010 Feb.9   Chavez announces electricity emergency
  Venezuelan President has declared a state of emergency for the nation's electricity supply and announced a series of billing sanctions and rewards
2007 Jan.13 Venezuela to nationalize energy sector



Venezuela, Business Bad Economic News Timeline ... See World Bad Economic News timeline Top ^
2008 Jun.21 Venezuela 'taking control' of mines  The government will put national interests first in the mining sector and forbid mining in a forest reserve that is home to gold concession...



Venezuela, Business Oil Timeline ... See World Oil timeline Top ^
2009 May.8   Chavez seizes oil service firms  President Hugo Chavez has sent troops to take over companies that provide services for the oil industry including two US-owned gas facilitie... Mar.21   Chavez cuts budget over oil price  President Chavez has unveiled a series of measures to offset falling oil revenues that account for about 50% of the national budget 2008 Feb.12 Exxon Mobil cut off from Venezuela's oil  Venezuela's state oil company has stopped selling crude to Exxon Mobil Corp. in response to the U.S. oil company's drive to use the courts 2007 Nov.30 Chavez threatens to cut oil if U.S.
Jun.25 US firms 'reject' Venezuela deal  Conoco Phillips and Exxon Mobil have reportedly rejected a deal that would keep them working in Venezuela's most important reserve May.1 Chavez takes control of oil giants 2002 Dec.18 Strike strangles oil exports  Opposition demonstrators blocked major highways and roads, paralyzing parts of the capital