Venezuela Crisis: Failed coup attempt by Juan Guaido; Military remains supporting Nicholas Maduro

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Birnin Zana

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So are you openly declaring the president will do it?

The guy cannot make a decent decision.

I was against him getting involved in the first place, but obviously he, Pence, Bolton and Pompeo have been plotting for some time now.

After all that bluster from two weeks ago, they aren’t backing down. With the military still backing Maduro, the possible consequences (a civil war/ Syria 2.0) would be disastrous.
 

☑︎#VoteDemocrat

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:laff::laff::laff::laff::laff::laff::laff::laff::laff::laff::laff::laff::laff::laff:



Venezuelan oil ventures' accounts shifted to Russia's Gazprombank

Venezuelan oil ventures' accounts shifted to Russia's Gazprombank
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Breaking news. (photo credit: JPOST STAFF)

Venezuela's state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday.

PDVSA's move follows tough new U.S. financial sanctions imposed on Jan. 28 and aimed at blocking leftist President Nicolas Maduro's access to the country's oil revenue. Since then, PDVSA has been pressing its foreign partners at joint ventures in its Orinoco Belt producing area to formally decide whether they will continue in the projects, according to two sources with knowledge of the talks. The joint ventures foreign partners include Norway's Equinor ASA, U.S.-based Chevron Corp and France's Total SA.

PDVSA also ordered its Petrocedeno joint venture with Equinor and Total to halt extra-heavy oil output and upgrading due to a lack of naphtha needed to dilute production, as sanctions prohibited U.S. suppliers of the fuel from exporting it to Venezuela.

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