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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Trump Saves Citgo..." LOL They're one of his biggest donors!
You can't make this shit up - Chapter 24,714
Citgo buffed up its ties to Trump before and after his election. Now, it gets exempted from a new round of Venezuela sanctions.
LACHLAN MARKAY
08.25.17 2:21 PM ET
The White House on Friday announced a new round of sanctions against Venezuela that explicitly exempt the U.S. arm of the countrys state-owned oil company. That company, Citgo, donated six-figure sums to Trumps inauguration and recently hired former Trump officials to lobby for that exemption.
The purpose of the new sanctions announced by the administration is to target arms of the Venezuelan government that have supported or facilitated President Nicolas Maduros ongoing crackdown on domestic political opposition. The carve out for Citgo was included in the White House statement released on Friday.
...
Under the administration of President Donald Trump, those efforts entailed beefing up its D.C. influence operation with lobbyists with deep ties to the presidents political operation. In April, it hired Avenue Strategies, the firm co-founded by former Trump campaign manager Corey Lewandowski and campaign adviser Barry Bennett.
http://www.thedailybeast.com/donald-trump-just-gave-a-big-carve-out-to-citgo-an-oil-giant-repped-by-his-ex-aides
Nah, what conflict of interest?
Wellstone ruled
(34,661 posts)you think there is some type of correlation. BTW,did not Rosenef Buy a huge chunk of Citgo?
Elwood P Dowd
(11,443 posts)Tanuki
(14,930 posts)so of course Lewandowsi wants to aid and abet.
https://www.google.com/amp/mobile.reuters.com/article/amp/idUSKBN1A52RN
Reuters) - Russia's top oil producer Rosneft is negotiating to swap its collateral in Venezuelan-owned, U.S.-based refiner Citgo for oilfield stakes and a fuel supply deal - a move to avoid complications from U.S. sanctions, two sources with knowledge of the negotiations told Reuters.
State-owned Rosneft holds a 49.9 percent stake in Citgo as collateral for a loan last year of about $1.5 billion to the OPEC nation, which is reeling from low oil prices and a severe recession.
The arrangement with Venezuela's state-owned oil firm, PDVSA, has drawn fire from U.S. senators who do not want Russia in a position to own a substantial stake of U.S.-based energy assets in potential violation of existing economic sanctions"...
procon
(15,805 posts)Wellstone ruled
(34,661 posts)Should be required reading for all. Saw this blurb on Bloomberg Eourpe a couple of weeks ago. This did not show up on their USA version some six hours later. Who says there is not any control of media messaging.
All about Trump and Company paying back Putin. Everything else is pure bull crap.