US EditionVenezuela has received $300 million in funds from oil sales, acting president says
The $300 million from a U.S.-brokered oil sale will support Venezuela's bolivar and foreign exchange market to protect workers' incomes and narrow the official and black-market dollar gap.
- Venezuela has received $300 million from oil sales, the first proceeds from a deal between the U.S. and Venezuela announced by President Trump.
- The funds will be used to stabilize the foreign exchange market and protect the purchasing power of workers in Venezuela.
- A reform of Venezuela's oil law is expected, based on a partnership structure introduced during Maduro's administration.
102 Articles
102 Articles
Exclusive: Trump controls Venezuela oil funds
President Donald Trump himself is controlling the release of funds garnered from Venezuela, an administration official told Semafor, in another sign of the leverage he wields over the country. Semafor first reported that the Trump administration had completed its first oil sale, valued at $500 million, and that many of the funds are being held in Qatar. Interim president Delcy Rodríguez revealed that $300 million of those funds were released to …
This Tuesday, President (E) of Venezuela, Delcy Rodríguez, announced the income of $300 million for direct sale of crude oil, pointed out the destination of the funds and advances hydrocarbon reform.
The president in charge, Delcy Rodríguez, wore a shirt from Venezuela Toda, put on the sneakers she has made famous and went to the socialist commune...
Venezuela’s president-in-charge, Delcy Rodríguez, announced only on Tuesday, January 20, that 300 million dollars had been entered into the country, “product of the sale of oil,” days after Washington announced a US$500 million crude sale agreement. “Of the first 500 million, 300 million have entered,” Rodriguez said during a visit to a community base in Caracas, in an act broadcast by the Venezuelan state television channel (VTV).
The interim president of Venezuela, Delcy Rodríguez, reported on January 20 that 300 million dollars have been entered into the country as part of the resources obtained by the sale of Venezuelan oil, managed by the United States after the capture of Nicolás Maduro.
The president in charge of Venezuela, Delcy Rodríguez, announced on Tuesday the entry of 300...
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