Venezuela's Oil Industry and Foreign Companies

Venezuelan Vice President and Oil Minister Delcy Rodríguez calls for foreign oil and gas companies to maintain operations in Venezuela despite the termination of licenses by the U.S. Companies affected include Chevron, Maurel and Prom, Repsol, ENI, and Global Oil Terminals. The Maduro regime assures that oil production is normal and companies can continue operations under Venezuelan law.

Foreign Companies Pulling Out of China

Foreign companies are pulling out of China due to lack of confidence in the Communist regime's ability to stabilize the economy. Law firms and real-estate developers are leading the exodus. China's Ministry of Commerce has rolled out a plan to address the loss of direct foreign investment.