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The White House approved new sanctions against President
Nicolas Maduro’s regime on Friday, making it harder for Venezuela’s
embattled government to secure funds as Caracas spirals towards a
default. U.S. President Donald Trump signed the executive order,
which prevents American financial institutions from offering new
funds to Venezuela or to its state oil company, PDVSA. The oil
firm’s U.S. subsidiary, Citgo, will also be barred from
repatriating profits – further isolating Caracas from international
financial markets.…
Nicolas Maduro’s regime on Friday, making it harder for Venezuela’s
embattled government to secure funds as Caracas spirals towards a
default. U.S. President Donald Trump signed the executive order,
which prevents American financial institutions from offering new
funds to Venezuela or to its state oil company, PDVSA. The oil
firm’s U.S. subsidiary, Citgo, will also be barred from
repatriating profits – further isolating Caracas from international
financial markets.…
The White House approved new sanctions against President
Nicolas Maduro’s regime on Friday, making it harder for Venezuela’s
embattled government to secure funds as Caracas spirals towards a
default. U.S. President Donald Trump signed the executive order,
which prevents American financial institutions from offering new
funds to Venezuela or to its state oil company, PDVSA. The oil
firm’s U.S. subsidiary, Citgo, will also be barred from
repatriating profits – further isolating Caracas from international
financial markets.…
Nicolas Maduro’s regime on Friday, making it harder for Venezuela’s
embattled government to secure funds as Caracas spirals towards a
default. U.S. President Donald Trump signed the executive order,
which prevents American financial institutions from offering new
funds to Venezuela or to its state oil company, PDVSA. The oil
firm’s U.S. subsidiary, Citgo, will also be barred from
repatriating profits – further isolating Caracas from international
financial markets.…