In an effort to handle its overdue debts, Venezuela is all but giving away oil assets. President Nicolás Maduro is reportedly so desperate to pay the US$ 3.7 billion in debts that he is selling off the assets to Russia. Read full article
Surprising that anyone would be interested in buying in Venezuela, with their history of confiscating foreign-owned assets in the past. But, I suppose, the Russians would invade if Maduro tried that on them.
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Disclaimer & comment rulesSurprising that anyone would be interested in buying in Venezuela, with their history of confiscating foreign-owned assets in the past. But, I suppose, the Russians would invade if Maduro tried that on them.
Mar 25th, 2017 - 04:23 pm - Link - Report abuse 0Commenting for this story is now closed.
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