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Investors say banks have halted PDVSA trading after U.S. sanctions

Investors say banks have halted PDVSA trading after U.S. sanctions

“The logic of this reasoning is that the larger the haircuts for bondholders, the less funds will the U.S. (either directly or through international financial institutions) have to provide for Venezuela’s reconstruction,” Torino’s chief economist Francisco Rodriguez said.

REUTERS, January 29, 2019 – London

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