Venezuela Boosts Taxes on Orinoco Deals
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CARACAS, Venezuela  - Venezuela on Sunday ordered  foreign oil firms operating in its huge Orinoco heavy crude  belt to pay much higher taxes in what President Hugo Chavez  called a drive to tighten sovereign control over petroleum  resources.
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China and Venezuela sign a deal which will open the South American country's vast oil resources to Chinese investment.
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Colombia announced capital controls on some foreign investments Wednesday to try to curb the soaring peso, which has made greater gains against the dollar this year than any other currency.
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By Pascal Fletcher CARACAS, Venezuela  - Venezuela on Sunday slappedhigher taxes on foreign oil companies operating in its hugeOrinoco heavy crude belt in what President Hugo Chavez called adrive to tighten sovereign control over petroleum resources.
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Not everyone was complaining when the price of a barrel of oil flirted with the $50 mark on global markets earlier this summer. For Venezuelan President Hugo Chavez, it meant more money to
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CARACAS, Venezuela  - Venezuela's President Hugo  Chavez, emboldened by a recent referendum victory, on Sunday  promised tougher land redistribution as he pressed ahead with  the "revolutionary" reforms at the heart of the nation's  political conflict.
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Venezuela's President Hugo Chavez threatens to nationalise supermarkets that raise food prices.
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Venezuela's foreign minister said Monday that efforts to integrate Latin American economies through regional free trade agreements will eventually boost commerce with the United States.
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Venezuela dispatched extra troops as part of an effort to tighten security along its border with neighboring Colombia, but officials on Monday denied that the move was linked to a heated dispute over the capture of a rebel leader in Caracas by bounty hunters paid by Colombia.
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Venezuela's left-leaning government on Tuesday promised to grant poor farmers at least 100,000 plots of land carved from either state property or large private holdings, a step toward implementing a controversial agrarian reform law, a top agricultural official said.
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CARACAS, Venezuela President Hugo ChÃÂ¡vez of Venezuela has long pledged to buck Washington-backed economic policies in Latin America. Now, two months after winning reelection and consolidating his hold on the country with new powers to rule by decree, he is strengthening economic ties in the region...
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3 September 2004 -- Russia&#39;s tax authorities have given Yukos another bill for back taxes that is higher than the oil company expected.
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Venezuela could sue Exxon Mobil  for not paying taxes on some of the oil it produced, President Hugo Chavez said on Sunday, amid an escalating legal battle with Exxon over compensation for nationalized assets.
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With the backing of President Hugo Chavez, Venezuela is setting up a state-owned telecoms firm to challenge dominant foreign owned operators.
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Exxon Mobil Corp has moved to freeze up to $12 billion in Venezuelan assets around the world as the U.S. company fights for payment in return for the state's takeover of a huge oil project last year.
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New laws could increase your family's tax bill.
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Venezuelan officials say the arms acquisitions are needed to circumvent a ban on sales of American weapons to the country and to counter potential military aggression from the United States.