World View: Socialist Venezuela May or May Not Have Declared Bankruptcy on Thursday
Contents: Socialist Venezuela may or may not have declared bankruptcy on Thursday; Socialist Venezuela may have reached the end of its economic road
Contents: Socialist Venezuela may or may not have declared bankruptcy on Thursday; Socialist Venezuela may have reached the end of its economic road
Contents: Russia considers taking on a huge financial burden – Venezuela; Maduro has ‘plans A, B and C’ if US imposes further sanctions
Contents: With Trump’s sanctions in place, Venezuela expected to go bankrupt soon; Analyst advises Venezuela to keep its assets safe from creditors; Maduro tells Venezuelans to breed and eat rabbits
Venezuela needs cash, and Russia has it. Venezuela has oil, and Russia wants it. The socialist meltdown in Venezuela is likely to end with Moscow controlling a good deal of that tormented country’s most valuable asset: its oil fields.
Socialist dictator Nicolas Maduro of Venezuela has offered his opponents a deal to delay the upcoming Constitutional Assembly elections for 45 days, giving the opposition a chance to participate, and hold a new presidential election in exchange for their help lobbying against U.S. sanctions.
Venezuelan politicians and protesters opposed to socialist dictator Nicolas Maduro blasted Goldman Sachs for buying $2.8 billion in Venezuelan bonds, a deal the financial giant confirmed on Monday. The bonds were sold at 31 cents on the dollar.
Anti-socialist legislators in Venezuela have released a report finding that the nation’s state-run oil corporation, Petróleos de Venezuela (PDVSA), is missing $11 billion unaccounted for in the past decade.