Post Tagged with: "debts"

Source: Reuters

Pemex’s failure to pay debts threatens suppliers’ survival, industry warns

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Mexican state energy company Pemex’s mounting debt with oil service providers as well as private crude and gas producers threatens production, investment and in some cases even the survival of suppliers, industry groups warned.

In addition to financial debt …

The U.S. Sanctions Venezuela

The U.S. Sanctions Venezuela

On May 21, 2018 the United States president signed an executive order prohibiting certain transactions with the government of Venezuela. The order restricts transactions involving debt owed to the Venezuelan government.

According to law firm Akin Gump, the new prohibitions …