Falling oil prices embarrass and make life difficult for countries that depend on oil exports, including Russia and Venezuela, and the US would enjoy making life difficult for them, economist Richard Wolff told RT.
If Nicolas Maduro, President of Venezuela, decides to pay ExxonMobil $1.6bn in compensation for the nationalization of an oil project that will be almost a business deal with the devil, and Venezuela will only lose.
Emotions are running high at the 69th UN General Assembly, with Islamic State, “economic terrorists” and US spying firmly in the firing line. RT has listened to all the speeches (so you don’t have to) to bring you the best quotes of the week so far.
Venezuelan authorities were scrambling to gather information on a massive blackout that impacted the capital of Caracas as well as large swaths of the country, highlighting what has been a persistent problem for the South American country.
Venezuelan President Nicolas Maduro has alleged US involvement in a plot to oust his government and assassinate him. The South American leader said there are hundreds of emails that prove members of the State Department were part of the conspiracy.
The problem of global climate change is distressing almost everyone. While a small minority may deny its existence, or question reports on its causes among the scientific community, it is universally recognized as a serious cause for concern.
Washington is pushing Venezuela towards a “civil war” because it wants access to the country’s rich oil reserves, Bolivian President Evo Morales has warned. The Venezuelan government has also accused the US of fomenting a coup d’état.
The death toll of the violent protests that have shaken Venezuela for the last month and a half has reached 39. To avoid “civil war”, the country’s Foreign Minister Elias Jaua has called for dialogue with the opposition.