The Trump administration is considering possible sanctions on Venezuela’s vital energy sector, including state oil company PDVSA, senior White House officials said, in what would be a major escalation of Continue Reading
When a small brokerage firm contacted Goldman Sachs Asset Management last week offering to sell $2.8 billion of deeply discounted Venezuelan bonds, the response was a quick “yes.” Buying the Continue Reading
Venezuelan security forces used water cannons and teargas to disperse tens of thousands of opposition protesters heading toward the foreign ministry on Wednesday as the Organization of American States held Continue Reading
Venezuela’s President Nicolas Maduro shows a copy of a country’s constitution during an official ceremony of a Campaign Command to support reforms to the constitution in Caracas, Venezuela May 29, Continue Reading
Goldman Sachs Group Inc. is on the defensive in Venezuela after it bought bonds that had been held by the struggling country’s central bank in a transaction the government’s opposition Continue Reading
The president of Venezuela’s opposition-run Congress on Monday accused Wall Street investment bank Goldman Sachs of “aiding and abetting the country’s dictatorial regime” following a report that it had bought Continue Reading
Goldman Sachs bought last week around US$2.8 billion bonds issued by Venezuela’s embattled state oil firm PDVSA, betting that a change in the Venezuelan regime could more than double the Continue Reading
Goldman Sachs Group Inc. bought about $2.8 billion in Venezuelan bonds that had been held by the oil-rich country’s central bank, a lifeline to President Nicolás Maduro’s embattled government as Continue Reading
Venezuelan crude sales to the United States recovered in April compared to previous months to reach 741,000 barrels per day (bpd), its highest level since November, due to a larger Continue Reading
U.S. raises prospect of sanctions after Maduro’s move Loss of major trade route would raise prices for both Venezuela would be hit from two directions if the U.S. were ever Continue Reading
