US Federal Court Orders Seizure of Venezuela’s Citgo Petroleum Assets in the US

Wiki
image_pdfimage_print

A US federal judge authorized the seizure of Venezuela’s only sizable US asset, Citgo Petroleum. This was the country’s major source of income and its loss will cripple the Maduro regime. Venezuela is $150-billion in debt and will fall into full default without income from Citgo. The Russians will also lose money because they own 49% of Citgo. -GEG

Related Post

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

Classifieds

For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.

2
Leave a Reply

avatar
1 Comment threads
1 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
Donald OsborneRollin Shultz Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Rollin Shultz
Guest
Rollin Shultz

It just goes to show our lovely government will do anything to effect regime change in countries that are not under the petro dollar.

Donald Osborne
Guest
Donald Osborne

Whatever the City of London requires……