Two years ago, Russia and Venezuela signed an agreement on debt restructuring of $3.15 billion over a period of 10 years with minimum payments in the first six years. The state debt includes payments twice a year—in March and September. It is unclear if Venezuela has made those payments. Bondholders have been defaulted on for over a year now.According to thearticle, Venezuela’s government is ironing out the legal ways in which it could hand control over to a foreign entity.
The U.S. imposed sanctions on PdVSA in January 2019 in hopes to pressure Maduro to step down at a time when hundreds of thousands of Venezuelans were either taking to the streets in protest, or fleeing the country’s economic depression and drug gang violence. PdVSA’s assets in the U.S. are valued at $7 billion and cannot be repatriated under the current sanctions regime. Those restrictions are supposed to be in place so long as Maduro is in power. It is also unclear if a Rosneft purchase would keep those restrictions in place.... [+]For Wall Street, a Rosneft acquisition would assume all debt and therefore likely be an easier pathway for bondholders to recover some of their lost value.
Whether or not Maduro goes through with selling his country’s flagship enterprise to “his brothers,” the Russians, remains to be seen. If the rumor was of an American company buying it, we may still have heard about it. Washington has a penchant for making Russia a dramatic centerpiece. If Rosneft does take it over, Washington policy makers will likely treat it as PdVSA with a new name.
And positioning themselves in the Middle East with Syria and Iran...gathering energy resources. Great job Trump! Making America great again.
Pero el entreguismo al imperio Yankee terminó. Ahora se lo regalamos a putin.
Turrific 🙄
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'All roads lead to Russia': Senator Bob Menendez says it's no coincidence Russia keeps winningNew Jersey Democratic Senator Bob Menendez said it's no coincidence that Russia continues getting foreign policy victories over the Trump administration. CountryOverParty NoMoreLies NoMoreCoverups ImpeachTrumpNow ImpeachPenceTOO ImpeachBillBarr PompeoGOHOME GiulianiBehindBars DitchMoscowMitch 🇷🇺💰 For many years ! Menendez is lucky not to be in prison.
Source: Newsweek - 🏆 468. / 52 Read more »
UPDATE 2-Turkey and Russia to discuss removal of Kurdish militia from Syrian townsTurkey and Russia will discuss the removal of the Syrian Kurdish YPG militia from the northern Syrian towns of Manbij and Kobani during talks in Sochi next week, Turkish Foreign Minister Mevlut Cavusoglu said on Sunday. Turkey paused its military offensive into northeastern Syria after President Tayyip Body bags Awww, Russia, ALWAYS sticking their asses around like THE VULTURES THEY ARE! Aren’t I right, Putin? Trump’s gift to Putin !
Source: YahooNews - 🏆 380. / 59 Read more »
AG Barr expands review into origins of the Russia investigationA review launched by AG Barr into the origins of the Russia investigation has expanded significantly amid concerns about whether the probe has any legal or factual basis, multiple current and former officials told NBC News. KenDilanianNBC So the former head of the CIA is on a witch hunt inside the CIA? Well that inspires loyalty, lol. KenDilanianNBC tictoc Project_Veritas when is msnbc on the chopping block 🤔 ExposeMSNBC ExposeCNN KAG KAG2020 Trump2020LandslideVictory KenDilanianNBC
Source: MSNBC - 🏆 469. / 51 Read more »
Mark Zuckerberg: Facebook caught Russia and Iran trying to interfere in 2020BREAKING: Zuckerberg says Russia and Iran are already working to undermine 2020 US presidential election, and Facebook announces new security measures. More tonight on NBCNightlyNews. In an interview with LesterHoltNBC, Zuckerberg says that Facebook has thwarted new interference campaigns from Russia and Iran that the company regards as the groundwork for future manipulation efforts. NBCNightlyNews Pick a team already dude!! NBCNightlyNews
Source: NBCNews - 🏆 10. / 86 Read more »