Venezuela estimate of the day
Venezuela loses $728MM for each 1$ the oil price drops. Assuming oil @ $104 in 2014 and $96 in 2015 Vzla’s $ deficit in 2015 will be $27.8bn
That is from Moisés Naim on Twitter. Here is more on the same topic.
Venezuela loses $728MM for each 1$ the oil price drops. Assuming oil @ $104 in 2014 and $96 in 2015 Vzla’s $ deficit in 2015 will be $27.8bn
That is from Moisés Naim on Twitter. Here is more on the same topic.