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Indian Steel Company Set to Take Over Venezuelan State-Owned Iron Ore Complex

The Maduro government is looking toward foreign investment to reactivate Ferrominera and other Venezuelan heavy industries.

Venezuelan anticorruption drive nabs dozens of officials

By Hector Pereira Caracas, Apr 17 (EFE).- Venezuela’s largest anti-corruption operation has been under way for a month now and during that time 58 people – most of them government officials – have been put behind bars for their alleged links to a colossal embezzlement scheme that state prosecutors are trying to uncover and quantify, …

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