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Venezuelan real salary has fallen 89.9% by March

Monday, February 13, 2017

Nearly Bankrupt Venezuela Picks Fight With Russia's 'Darth Vader'

As if Venezuela doesn’t have enough problems, its National Assembly is now picking a fight with Russia’s most powerful oil man.  Igor Sechin, known as Darth Vader in Russia, is the CEO of Rosneft and his company is now being roadblocked by legislators who question the legality of a 40% joint venture deal with a PdVSA subsidiary called Petromonagas. Sechin says the deal is legal. Venezuela, which can use all the money it can get, thinks otherwise. More…

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