(Bloomberg) -- The US has suspended some sanctions on Venezuelan oil, gas and gold production, as well as those imposed on certain trading of the country’s...
-- The US has suspended some sanctions on Venezuelan oil, gas and gold production, as well as those imposed on certain trading of the country’s bonds, in response to the signing of an electoral roadmap agreement between the government of President Nicolas Maduro and the opposition.Wealthy Travelers Have Found an Even More Desirable Way to Fly Private
It also removed a secondary trading ban on certain Venezuelan sovereign bonds as well as debt and equity issued by state oil company Petroleos de Venezuela SA. The ban on trading in the primary bond market remains in place. As part of the agreement, the US expects Venezuela to restore by November the political rights of all candidates who have been banned from participating in next year’s presidential elections, according to US administration officials. That includes Maria Corina Machado, considered the frontrunner ahead of Sunday’s primaries, they added.
The precious metal has often been considered a safe-haven asset for investors. But Lee Munson, the CIO at Portfolio Wealth Advisors, says the high-rate environment makes it unattractive. -- Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in US shale, according to people familiar with the matter.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Suspends Some Sanctions on Venezuelan Oil, Gas, Gold SectorsThe US has suspended some sanctions on Venezuelan oil, gas and gold production in response to the signing of an electoral roadmap agreement between the government of President Nicolas Maduro and the opposition.
Read more »
Mexico logs sharp uptick in Venezuelan migrants amid latest surgeExplore stories from Atlantic Canada.
Read more »
Mexico logs sharp uptick in Venezuelan migrants amid latest surgeExplore stories from Atlantic Canada.
Read more »
Venezuela Resumes Opposition Talks in Bid to Ease Sanctions(Bloomberg) -- Venezuela’s government and a coalition of the nation’s opposition restarted talks on Tuesday that could pave the way for sanctions relief in...
Read more »
Canada sanctions 'Russian collaborators' in Moldova, including oligarchs, TV stationsCanada's Foreign Minister Melanie Joly gives a doorstep statement during an informal meeting of NATO Foreign Affairs Ministers at The Oslo City Hall in Oslo, Norway on June 1, 2023.
Read more »