En Español



Very usefull links



PW
Bookstore





News links

AP

AFP

Aljazeera

Dow Jones

Oil price

Reuters

Bloomberg

Views and News
from
Norway

 

 

 

 

Trump executive order prohibits dealings in new Venezuelan and PDVSA debt, aim to restrict access to U.S. debt market

 




By Reuters Staff

WASHINGTON
Petroleumworld 08 28 2017

U.S. President Donald Trump signed an executive order prohibiting dealings in certain Venezuelan public sector debt on to pressure the government of President Nicolas Maduro to halt its “tyranny,” the White House the White house said on Friday.

The order prohibits dealings in new debt and equity issued by the Venezuelan government and by its state oil company, PDVSA. But the White House said the order allows Treasury to provide licenses for other commercial and humanitarian transaction, including financing for commercial trade, petroleum exports and imports and transactions that only involve PDVSA's U.S. unit, Citgo. (Reporting by David Lawder and Tim Ahmann)

New sanctions aim to restrict Venezuela access to U.S. debt market

U.S. Treasury Secretary Steven Mnuchin said on Friday that new sanctions imposed against Venezuela were aimed at hobbling the regime of President Nicolas Maduro by restricting the country's access to U.S. debt and equity markets.

“We urge those within the regime, including those who have been sanctioned, to distance themselves from the violence and the dictatorship,” Mnuchin told reporters at the White House. He said the sanctions were not aimed at “changing leadership” in Venezuela.

White House national security adviser H.R. McMaster said at the same news conference that United States had no plans to take military action in Venezuela, but that President Donald Trump intended to take advantage of “a broad range of ... integrated options” in the future. (Reporting by Timothy Ahmann and Julia Harte; Editing by Leslie Adler)



Reporting by Reuters Staff.

reuters
.com
08 26 2017

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

 



Sept. 14-15,
Accra, Ghana

 

Nov 13-14 ;
Mexico City, Mexico

 

 

 

 

 

 

 

TOP

Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld ™  / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.