Nowadays when we are not able to answer a question or to do something, we simply ask Google. This internet giant has become tremendously important over the years, to the extent of having its own verb: to Google. This situation is not surprising since this giant has been acquiring different types of successful businesses over […]

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With recent dip in the market and companies trying to stay afloat after that, it is no surprise that in the last few years many organizations have had to file for bankruptcy as the only alternative to survive, even though many of them fail to do so. The truth is that this is a reality […]

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Venezuela is a pretty hot topic around these days.  It seems that what’s going on in the South American country is in the news on a daily basis.  The political situation of the nation has led to a lot of uncertainty regarding Venezuela’s biggest treasure: oil.  It’s no secret that the reserves that lay in […]

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During the last decades, restructuring has been the only option for thousands of companies in our country. The reasons are numerous: Maybe it is necessary to take action against high costs, the low efficiency has become a problem, or something has to be done to increase the productivity of the company with few workers. However, […]

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Today, more than ever, companies face a large number of financial contingencies that can adversely affect their commercial statements given the tremendous fluctuations in the current economy. This makes it necessary to constantly design, evaluate and implement strategies to control the possible risks that may affect them. One of these strategies is mergers and acquisitions. […]

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Petroleum policies around the world need to be regulated, so petroleum exporting countries all work under the same parameters. To keep things even, two organizations have been created worldwide: the OPEC and the OAPEC. The Organization of Petroleum Exporting Countries or OPEC and the Organization of Arab Petroleum Exporting Countries or OAPEC are in charge […]

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So, anything interesting in the news lately?  Oh yeah, Venezuela just had a vote to instate a National Constituent Assembly that will change the political map of the country and which will likely lead the country into a dictatorship.  That’s not all.  Besides leaving more than a dozen deaths, Sunday’s vote could prove to be […]

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The business world is paradoxical. The worst thing that can happen to your business, technically speaking, is bankruptcy. This process, as well as debt restructuring, is something that nobody wants to go through. We all want to make money, thrive, expand, and achieve our dreams. And one might think that nobody, absolutely nobody, wants bankruptcy, […]

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