Searching for income and despite environmental fears, Venezuela boosts coal output

Investing.comMonday, October 20, 2025 at 10:19:26 AM
Searching for income and despite environmental fears, Venezuela boosts coal output
Venezuela is ramping up its coal production despite environmental concerns, aiming to boost income in a challenging economic landscape. This move is significant as it reflects the country's efforts to diversify its revenue sources and stabilize its economy, which has been heavily reliant on oil. By increasing coal output, Venezuela hopes to attract investment and create jobs, which could lead to a more sustainable economic future.
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