Tuesday, October 3, 2017

Russia, China To Benefit From U.S. Sanctions On Venezuela


As well as rumors that, if true, could end up completely collapsing the South American country – sanctions on Venezuela’s national oil company, PDVSA. See, Venezuela is now on the brink of total collapse, and PDVSA looms large in this unfolding crisis. The focus is the company’s ability to pay its bond interest. Doing so is crucial, but prospects are grim. Along with that goes the ability of the central government to administer an entire population and avoid the country descending into outright civil war. And that’s pushing the Venezuelan government right into Russian and Chinese hands.More…

No comments:

Post a Comment