Venezuelan people and global markets, we are issuing general licenses permitting ands actions that would otherwise be prohibited under the executive order. These include a 30 day wind down time, the financing for humanitarian goods to venezuela, and certain dealings in specified debt instruments that it on secondary markets and certain dealings with u. S. Entities owned or controlled by the government of venezuela. Also the executive order carves out shortterm financing for most commercial trade including the export and import of petroleum. This executive order builds on a number of actions taken by the u. S. Government to prevent the flow of funds to maduros regime. On my first day in office, i was here with you at this podium when the Treasury Department venezuelanthe president under the kingpin act. We have sanctioned 30 officials including maduro himself. We urge those within the regime including those who had an sanctioned to distance the violence and the dictatorship. President t
Venezuelan people and global markets, we are issuing general licenses permitting ands actions that would otherwise be prohibited under the executive order. These include a 30 day wind down time, the financing for humanitarian goods to venezuela, and certain dealings in specified debt instruments that it on secondary markets and certain dealings with u. S. Entities owned or controlled by the government of venezuela. Also the executive order carves out shortterm financing for most commercial trade including the export and import of petroleum. This executive order builds on a number of actions taken by the u. S. Government to prevent the flow of funds to maduros regime. On my first day in office, i was here with you at this podium when the Treasury Department venezuelanthe president under the kingpin act. We have sanctioned 30 officials including maduro himself. We urge those within the regime including those who had an sanctioned to distance the violence and the dictatorship. President t
Look after the nearly three million refugees already there. Former republican president ial nominee mitt romney will vote for texas senator ted cruz in utahs caucuses next tuesday. Romney made the announcement in a facebook post. He said hes working to unite the Republican Party around an alternative to donald trump. And lawmakers in brazil are moving forward with proceedings to impeach the president there as a corruption crisis puts her administration in jeopardy. A federal judge has suspended an injunction that blocked her appointment of her mentor, former president , as her chief of staff. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, apple set to unveil new products at an event on monday. Will we see an unhackable phone in the lineup in well ask the experts. Plus, its a Virtual Reality hat trick this week. I sit down with h. T. C. s head
Administration in jeopardy. A federal judge has suspended an injunction that blocked her appointment of her mentor, former president , as her chief of staff. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, apple set to unveil new products at an event on monday. Will we see an unhackable phone in the lineup in well ask the experts. Plus, its a Virtual Reality hat trick this week. I sit down with h. T. C. s head to check out their new hardware. And the show time. As the network sets out on an ambitious expansion. We catch up with the man leading the charge, the c. E. O. First, to our lead. Silicon valley gearing up for announcements from apple on monday. One day before a major ruling in the San Bernardino case, which could determine whether apple is in fact required to unlock the gunmans iphone. So, what can we expect from this event on monday .
Big implications for stocks and first the markets. Stocks snapping a fiveday winning streak ending at lows of the session. The s p 500 closing below 2,000. Oil was weak sending Energy Stocks lower by 4 and financials pulled back also to the teen of 11. 5 . So with cracks starting to show in the month long rally that weve seen, which half stocks or sectors could be the first now to burn out . Pete, what do you say . You know, im looking at the Energy Sector and specifically when i look in that sector im looking at will drillers and the problem with the drillers is they were so shorted and so hammered that they have added an absolutely incredible runup. Oil has made this move 26 to call it 37 and now all of a sudden you get a bit of a pull back and look at some of those names. They pulled back right along with it. Im not so sure that those names really have flipped around in terms of has the Company Really has much changed about everything with the drillers over the last week or two . I