Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump's ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...

Venezuela's government is increasing taxes and public service fees on the private sector to alleviate some of the fiscal ...

Washington in February canceled key licenses for a handful of partners and customers of state oil company PDVSA, including ...

Tax increases rarely appear in Republican Party platforms. However, when political exigencies bear down on politicians, betrayals of principle often prove far more convenient than ... The team was ...

The proposals include increases in taxes on certain pensions, private ambulance services, cigarettes, and adult-use cannabis. The governor is also calling for targeted spending cuts, focused on the ...

The US renewable energy industry currently faces a potential repeal of tax credits as part of the “Big, Beautiful Bill” which narrowly passed the House of Representatives and now heads to the ...

The bill is the latest attempt to satiate Ohioans who have demanded property tax relief. Homeowners got hit hard by recent increases in property values, but the Legislature hasn't agreed on a way ...

Guyana has the highest GDP wherever one looks, but the lowest tax-to-GDP ratio anywhere in the region that one scans. At 11.6%, the tax to GDP ratio is lower than low. It is a double-edged sword.

Pritzker said he would specifically veto any budget that includes tax increases on individuals, corporations or the sales tax — the three largest sources of revenue in the state budget.