U.S. imposes first economic sanctions against Venezuela
“I never had any doubt that President Trump would take the decisive and significant measures he promised, and I’m glad to see him take a course of action in line with what I have been advocating for,” Rubio said in a statement to the Miami Herald. “This measure will go a long way toward preventing the Maduro regime from using Wall Street to finance its repression and tyranny.”
what?
the wall street boyz allow this impediment to their acquisition of unrestrained wealth?
how uncapitalistic.
captcha ‘HUGO HOUSE’ no duff!!
So then … the financial sanctions don’t restrict personal loans by Sean Penn and a host of American admirers of the Socialist basket case. Come on lads, pony-up … just a few more $ Billion … and you will have finally “done Socialism right”.
Soon Trudeau will be flying in thousands of Venezuelan Socialists to a neighborhood near you, paid for by you.
The words of Rubio get past the socialist filter.. Does this mean that Rubio’s Chubby on CNN will give up her Shit-Hawk criticism of Trump Rubio blew his Republican load, he may run for the Democrats
Note: CNN only interviews members of the FAILED Obama Administration.. Crapper the Liar, Brennan the un-masker, faceless failures… The new CNN Champions are power drunk Republicans who criticize Trump.. CNN are worried about what Republican voters think, they must understand the issues in order to create the shit trail…How long can CNN prioritize the opinion of the same sad-sack failures, try some new faces like MSNBC. They could swap guest lists & Hosts.
Venezuelia is imploding on it’s own….Sending medical & food may be the only thing that will help the uneducated people, but let others learn the hard lessons of Communism….YES! Communists must KILL to control the people..Starvation is only the start.
Is it getting so bad that Matilda will be running back?
The Americans import 1 million bpd of oil from Venezuela and have increased the import of lumber from Russia by 50%. None of these countries are accused of subsidizing these industries.
My point being that Trump will have his way with young Turdeau. The Canadian economy is in an incredibly weak position.
Ironic!
Belafonte is another psychopathic brain dead socialist.
Will the chinese bail them out? … “I doubt it” and… not so fast there!
“Venezuela faces a mountain of bills, all coming due at once. Together, the Republic and PDVSA have to pay $4.7 billion in principal and interest by the end of the year. Despite its famous “suicidal willingness to pay”, the government has not been able to gather all the money needed for debt service this year and is frantically looking for options to get it. Now, given the just-announced U.S. sanctions, that looks even harder.
But according to reports circulated on Thursday, there’s a sliver of a chance of making the payments after all, and it’s a sliver that has Made in China written all over it. And, as usual with chavista financial transactions, the details are scarce and the implications worrisome.
There are not many details about the proposed transaction. The rumor just stated that they seek to buy the closest-to-maturity bonds (2017 and 2018 bonds issued by both Venezuela and PDVSA) which then would be swapped by longer-term PDVSA bonds due in 2037 and 2047. There are no details about the exact bonds that will be repurchased or the terms of the new ones that will be issued (expect credit card interest rates) or which will be the Chinese entity signing the deal.”
https://www.caracaschronicles.com/2017/08/25/the-chinazo-of-venny-bonds/
“The American sanctions announced today leave Venezuela hurting for patrons. But for a deal like this to go through, Chinese policy towards Venezuela would have to do a 180. Last year’s government efforts to procure financing from China fell through, it was reported that the Chinese government was worried about debt repayment, thus, it had decided not to pen these types of deals anymore and was even making inroads with the opposition thinking about a future transition.
Even if the Chinese go for it, would this work for Maduro? Maybe, but only for a little while. If successful, the deal would only get the government around USD 2.4 billions that would allow them to correr la arruga just for a few months. The days of the getting $63 billion loans from China are long gone.
Now, Venezuela is reduced to pawning away what’s left of the country’s assets for peanuts just to stay in power a bit longer. It’s very upsetting.”
Iran and Venezuela have been quite chummy ever since Chavez rubbed shoulders with Mahmoud Ramalamadingdong. Watch for Caracas becoming an outpost for ISIS.
Completely stupid. It is not America’s job to manage Venezuela. If this kind of thing worked, Cuba would be free.