VENEZUELA HANDING UNPRECEDENTED CONTROL OF ITS STATE-OWNED OIL ASSETS TO RUSSIA
Winchester, VA - The Stream is reporting that in an attempt to secure some sort of financial security for his struggling nation, Venezuela's President Nicholas Maduro is handing unprecedented control of its state-owned oil assets to Russia. The Associated Press reports that Venezuela has $6 billion in debt payments coming due this year and only has $10 billion in cash. An ownership stake in up to 9 Venezuelan oil projects has […]