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Venezuela: 2019 Year Zero for Oil Investments
From:
Albert Goldson Albert Goldson
For Immediate Release:
Dateline: New York , NY
Friday, February 01, 2019

 

In fast moving events on Monday, January 28, the US Treasury imposed sanctions against the Venezuela national oil company, PDVSA, which blocks $7 billion in assets and $11 billion in revenue, a maneuver that could accelerate regime change. By severely reducing hard-currency revenue to the Venezuelan government it will be unable to provide its lucrative patronage to its military and potentially lose its support. The question now is, “Has Caracas fallen?."

Please click on the following link that provides a greater perspective on the rapidly changing dynamics in Venezuela:
 

 
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