Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (145891)	2/7/2019 7:56:59 AM
From: dvdw©	Read Replies (1) \| Respond to of 217807

This outtake has a familiar look. Rosneft took a 49.9 percent stake in PDVSA’s U.S.-based subsidiary, Citgo Petroleum, as collateral for a $1.5 billion loan in 2016, and signed a deal in 2017 to operate two offshore natural gas fields. While those deals could be canceled because they weren’t endorsed by lawmakers, Russia may negotiate a compromise, said Rozental.A Russian mission to Caracas confronted the scale of Venezuela’s economic collapse when it visited in November, before the political crisis erupted. The team, which moved around in armored cars, was shocked at the poverty of ordinary Venezuelans on the streets, according to one Russian official on the visit. With Venezuelan oil exports already at a 28-year low and due to slide further as U.S. sanctions banning PDVSA’s crude sales take effect, Russia knows the real culprit is mismanagement of the world’s largest proven reserves, said Andres Landabaso Angulo, a professor at Moscow’s Plekhanov University of Economics.