Russia Says Cash-Strapped Venezuela Wants an Adviser, Not Money

Venezuela’s cash-starved government isn’t looking for money from Russia, just economic advice, Deputy Finance Minister Sergey Storchak said. “Our partners well understand that, given problematic relations” with existing debts, “the question of new loans doesn’t arise,” Storchak told reporters Friday in Moscow after returning from a visit to Caracas. “The Venezuelan side is behaving very carefully in this regard.” Instead, Venezuelan officials asked for regular consultations and “they even want to have a Russian adviser in the government” to help evaluate reforms and “create a climate conducive for mutual investment relations,” he said. More…