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Did you miss that talk? 😳🫣
In the current scenario of political and economic uncertainty in Venezuela, the government of China has begun to formally demand payment of its debt, which analysts estimate to be between 10 billion and 20 billion dollars. Beijing seeks to secure its financial interests following the capture of Nicolás Maduro, an event that has raised doubts about the country's ability to meet its international commitments.
Key points of the situation:
Diplomatic efforts: Chinese representatives have intensified contacts both with Venezuelan officials and the United States government to discuss a possible restructuring of the debt and obtain payment guarantees.
Payment model at risk: Historically, the credits granted since 2007 (initiated under the mandate of Hugo Chávez) were based on a financing model backed by oil. However, the decline in oil production and the institutional crisis have jeopardized this mechanism.
Banking supervision: Chinese financial authorities have ordered their state banks to detail their credit exposure in Venezuela and increase surveillance on associated risks to mitigate potential losses.
Future implications: The resolution of this financial conflict will be crucial for Venezuela to normalize its relations with international markets and access new economic supports in the future.
#venezuela #USDT #VES #economy
In the current scenario of political and economic uncertainty in Venezuela, the government of China has begun to formally demand payment of its debt, which analysts estimate to be between 10 billion and 20 billion dollars. Beijing seeks to secure its financial interests following the capture of Nicolás Maduro, an event that has raised doubts about the country's ability to meet its international commitments.
Key points of the situation:
Diplomatic efforts: Chinese representatives have intensified contacts both with Venezuelan officials and the United States government to discuss a possible restructuring of the debt and obtain payment guarantees.
Payment model at risk: Historically, the credits granted since 2007 (initiated under the mandate of Hugo Chávez) were based on a financing model backed by oil. However, the decline in oil production and the institutional crisis have jeopardized this mechanism.
Banking supervision: Chinese financial authorities have ordered their state banks to detail their credit exposure in Venezuela and increase surveillance on associated risks to mitigate potential losses.
Future implications: The resolution of this financial conflict will be crucial for Venezuela to normalize its relations with international markets and access new economic supports in the future.
#venezuela #USDT #VES #economy
Will the Bolivar be strong again? 😳
According to Bitácora Económica, OFAC is finalizing a license that would allow the Central Bank of Venezuela to distribute around 330 million dollars from oil revenues to five private banks: Bancamiga, Mercantil, BNC, Banesco, and Provincial. The funds, currently held at the National Bank of Qatar with JP Morgan as correspondent, will be allocated to health and infrastructure projects. U.S. authorization is essential for JP Morgan to process the transfer of these resources to Venezuelan entities.
#Bolivar #USDT #venezuela
According to Bitácora Económica, OFAC is finalizing a license that would allow the Central Bank of Venezuela to distribute around 330 million dollars from oil revenues to five private banks: Bancamiga, Mercantil, BNC, Banesco, and Provincial. The funds, currently held at the National Bank of Qatar with JP Morgan as correspondent, will be allocated to health and infrastructure projects. U.S. authorization is essential for JP Morgan to process the transfer of these resources to Venezuelan entities.
#Bolivar #USDT #venezuela
which guachafita? xd on the contrary, let's hope we reach the point where we can buy USDT directly from Binance 🤗
A those who sell $ USDT or USDC Venezuela will be dollarized #Libre good news for everyone 1. 1
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