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Second quarter of the year records increase in Venezuelan oil production
The Venezuelan state-run oil company, Petróleos de Venezuela S.A. (PDVSA), experienced a 10.5% increase in oil production during the second quarter of 2023 compared to the first quarter, as per a report from the Organization of Petroleum Exporting Countries (OPEC). According to official figures from PDVSA, the company averaged 808,000 barrels of oil per day […]
Ghana’s Economic Revival Efforts Amid Crisis
Ghana is in the throes of a severe economic downturn, recognized as the worst in recent history. President Nana Akufo-Addo’s response included replacing the finance minister amid public dissatisfaction and economic distress. The country faces nearly 30% inflation and a significant drop in its currency value, stirring protests in Accra. This economic strain occurs as […]