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Why Venezuela Is About to Lose Its Oil Crown Jewel

(Bloomberg) Venezuela is entering the final stage of a long legal battle in which its most valuable foreign asset, Citgo Petroleum Corp., will be auctioned off to settle claims against the government and its oil company. Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground Wa ....

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Why Venezuela is about to lose its oil crown jewel • BusinessMirror

Venezuela is entering the final stage of a long legal battle in which its most valuable foreign asset, Citgo Petroleum Corp., will be auctioned off to settle claims against the government and its oil company. The sale starts on Monday with the expected distribution of marketing materials to potential buyers, setting off a bidding process ....

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Why Venezuela Is About to Lose Its Oil Crown Jewel

Why Venezuela Is About to Lose Its Oil Crown Jewel
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Venezuela Bond Sanctions Backfiring?

The Biden administration could be considering lifting sanctions on a specific point: the secondary market for Venezuelan bonds. ....

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Argentina's new economic minister promises to stop printing money | Business and Economy News

Printing money fuels inflation which is now over 60 percent in Argentina and expected to reach 90 percent by year end. ....

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