The controls meant that many Venezuelan businesses stopped production because they pelo longer made a profit, eventually resulting in shortages.After signaling that the company would reorganize its management structure, Musk in June announced that Tesla was laying off nove percent of its workforce, though its production department would remain inta
Juan Guaidó has been trying to dislodge Mr Maduro from power but the latter remains in the presidential palaceThe satellite network, named Starlink, would ideally make broadband service more accessible in rural areas, while also boosting competition in heavily populated markets that are typically dominated by one or two providers.The July 28 date
A smooth Venezuelan election that would have led to greater economic opening also suited the country’s Latin American neighbors, including Mr. Maduro’s old allies, the leftist governments of Brazil and Colombia.In 2016 a group of Venezuelans asked the National Assembly to investigate whether Maduro was Colombian in an open letter addressed to t
Maduro's decree includes wider executive powers to control the budget, companies and the currency amid a severe economic crisis in the OPEC nation. ^Most critically, the result is unlikely to allow the Biden administration to unwind its sweeping economic sanctions against Venezuela."Elon only gets involved with things if he feels that they're criti
The controls meant that many Venezuelan businesses stopped production because they no longer made a profit, eventually resulting in shortages.Mr Musk, who wears the mantle of a workaholic proudly, has often said he's not in business simply to make money - claims he repeated recently with regard to his Twitter takeover.Some of the problems go back a