Page 1 of 1

Venezuela

Posted: Sun Feb 09, 2020 11:18 am
by mkarpoff
I read that Maduro turned over PDVSA to non-governmental control; ie companies that know what they are doing. What are the practical implications of this, given that Trump won't drop sanctions, but people who know what they are doing will be running the company?

Re: Venezuela

Posted: Sun Feb 09, 2020 2:59 pm
by dan_s
The company is in such a mess that it will take years to recover even if Trump lifts the sanctions. Trump is not going to lift the sanctions until Maduro is gone.