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Monday, July 4, 2016

#Venezuela - oil revenues plunge sharply: Al Jazeera English

Published on 3 Jul 2016
Venezuela's state oil company says its revenues have fallen by forty-one percent in the past year. It follows a steep drop in global oil prices that has contributed to an economic crisis in the South American nation. The country's recession and triple-digit inflation has caused concern it may not be able to honour its large debts.

Al Jazeera's Lucia Newman reports.

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