US bans trade in new Venezuela bonds: White House
Team Udayavani, Aug 26, 2017, 11:11 AM IST
Washington : The White House today announced potentially hard-hitting financial sanctions against the Venezuelan regime, banning the trade in new bonds issued by the government and its cash-cow state-run oil company PDVSA.
The White House said President Donald Trump had signed an executive order “imposing strong, new financial sanctions on the dictatorship in Venezuela.” “The president’s new action prohibits dealings in new debt and equity issued by the government of Venezuela and its state oil company,” it said in a statement.
“It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Royal tour of India in offing for King Charles, Queen Camilla: Report
Indian-American leaders applaud PM Modi for inclusive growth in India
COP29: Civil society protests climate finance proposal, calls for ‘no deal’ over ‘bad deal’
Bomb disposal squad tackles ‘security incident’ at UK’s Gatwick Airport
Baku climate talks: The ‘X’ factor that could determine future of Global South
MUST WATCH
Latest Additions
Satwik, Chirag doubles pair bows out of China Masters semifinals
Puttur: Two arrested for misconduct under influence of drugs
Kaup: Massive campaign and awareness rally Nov 26 for Constitution protection
Never entered into pact to operate airport in Kenya: Adani
Women centric schemes game-changer for Maharashtra, Jharkhand?
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.