U.S. allows more time to wind down Venezuela state oil firm's debt

FILE PHOTO: An oil pumpjack painted with the colors of the Venezuelan flag is seen in Lagunillas, Venezuela January 29, 2019. REUTERS/Isaac Urrutia

“OFAC is extending the expiration date of provisions relating to the wind down of certain financial contracts or other agreements involving, or linked to” certain listed bonds “or to certain Petroleos de Venezuela, S.A. securities,” the department said in a notice on its website, referring to Venezuelan state-oil firm PDVSA.

Washington this week revoked the visas of senior Venezuelan officials and said on Wednesday it had identified efforts by Maduro to work with foreign banks to move and hide money. The United States and more than 50 other countries have recognized opposition leader Juan Guaido as Venezuela’s interim president and increased pressure on Maduro, a socialist, to step down.

HandsOffVenezuela

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P downgrades debt-laden Mexican state oil firm PemexRatings agency Standard & Poor's on Monday slashed the stand-alone credit p...
Source: Reuters - 🏆 2. / 97 Read more »

Where credit card debt is the worst in the US: States with the highest average balanceAmericans are more likely to pay with a credit card than with cash than ever before, and that's adding up to a lot of debt. Really, wow, was it a year long study or did you just look at the checkout line. SenSanders is a pathological liar and gives promises that cannot be fulfilled for votes. He's a crooked lying politician. . At least realDonaldTrump is honest about things. Student Loan Debt Statistics In 2018: A $1.5 Trillion Crisis via forbes Except Trump, no body has ever seen cash in America. Oh I forgot one more name: Stormy Daniels
Source: USATODAY - 🏆 100. / 63 Read more »