Trump imposes new financial sanctions on Venezuela
Monday, August 28, 2017 | Tag Cloud Tags: News, oil, sanctions, Trump, Venezuela, White House, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – Trump signed an executive order imposing new financial sanctions on the “dictatorship” of Venezuelan President Nicolas Maduro, the White House said.
The new action prohibits dealings in new debt issued by the Venezuelan government and its state oil company, PDVSA. The sanctions also prohibit dealings in certain bonds owned by the Venezuelan public sector and dividend payments to the government of Venezuela.
The sanctions would also restrict PDVSA’s U.S. subsidiary, Citgo, from sending dividends back to Venezuela. [ Source (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.