Bloomberg: U.S. Weighs New Venezuela Sanctions That May Hit Bonds
* Measures would seek disrupt Maduro’s financing channels
* Trump administration targets Venezuelans to increase pressure
The U.S. is preparing another round of sanctions to punish the government of Venezuela, and one potential tool under review would squeeze trading in the country’s debt, according to two people familiar with the deliberations.
The next steps in a campaign to pressure President Nicolas Maduro are still being debated within the Trump administration and no decisions have been made, one of the people said. U.S. President Donald Trump is traveling outside of Washington and discussion is still going on at the State and Treasury departments.
One measure under consideration would block trades of Venezuelan-held dollar-denominated notes sold by the government and Petroleos de Venezuela SA, the state-run oil company, according to another person. Both people spoke on condition of anonymity because the actions are still under deliberation.
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WNU Editor: This is all PR. International banking institutions are already limiting what bonds can be traded by Venezuela, and the state oil company and the Venezuelan government are already under U.S. sanctions.
More News On Reports That The U.S. May Impose More Sanctions Against Venezuela
Venezuela bond prices fall on U.S. trading ban report -- Reuters
Venezuelan bonds drop on US trading ban report -- Financial Times
Washington Will Impose Greater Sanctions On Venezuela -- Forbes
U.S. Mulls More Sanctions On Venezuela -- NPR
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