Durbin Is in Venezuela for Talks With Government and Opposition
(Bloomberg) -- U.S. Senator Dick Durbin is in Venezuela to meet with government and opposition leaders, his spokesman said.
Durbin, of Illinois, is the second-ranking Democrat in the Senate. His spokesman, Ben Marter, said he wouldn't comment on the agenda or the purpose of the trip.
President Donald Trump's administration is weighing whether to ratchet up sanctions against Venezuela, and officials have said that could include banning oil imports from and exports to the nation.
Meetings are planned this month between Treasury Secretary Steven Mnuchin and his counterparts from the European Union, Canada, the U.K. and many Latin American countries to coordinate efforts to tighten economic pressure on President Nicolas Maduro's government.
Trump last month banned U.S. purchases of a cryptocurrency the Venezuela government is rolling out as part of the campaign. That is in addition to sanctions on Venezuelan officials accused of corruption and rights violations.
The U.S. is attempting to free Joshua Holt, a Utah man imprisoned since 2016 in Venezuela on weapons charges that his family says are bogus.
To contact the reporter on this story: Erik Wasson in Washington at ewasson@bloomberg.net.
To contact the editors responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net, Justin Blum
©2018 Bloomberg L.P.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
