No. of Recommendations: 7
Where it hurts the "government" most is that they have fewer sources to steal from...


China’s Biggest Energy Company Shuns Venezuela Oil on Tighter U.S. Sanctions

China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation.

.....

CNPC joins Turkey’s largest bank, Ziraat Bank, which severed its relationship with Venezuela’s Central Bank following sanctions. The moves represent a setback for Venezuelan President Nicolas Maduro, who has been counting on both China and Russia to keep the country going amid a humanitarian crisis, food shortages and hyperinflation.

https://www.bloomberg.com/news/articles/2019-08-16/major-chi...

The Captain
 
has long held that the cure for Venezuela is bankruptcy
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