m.m.f
Forumer storico
Grazie!
Titoli di Stato paesi-emergenti VENEZUELA e Petroleos de Venezuela - Cap. 2 (2 lettori)
- Creatore Discussione tommy271
- Data di Inizio
Grazie!
tommy271
Forumer storico
DolarToday®Account verificato @DolarToday
¡EL FRAUDE ELECTORAL FUE BRUTAL! Mas de un millón de huellas digitales no coinciden con las personas que s... -►
¡EL FRAUDE ELECTORAL FUE BRUTAL! Mas de un millón de huellas digitales no coinciden con las personas que s... -►
tommy271
Forumer storico
elOrdenMundial S.XXI @elOrdenMundial
¿Qué países han reconocido a la Asamblea Constituyente de Venezuela?
¿Qué países han reconocido a la Asamblea Constituyente de Venezuela?
tommy271
Forumer storico
Jose Guerra @JoseAGuerra
Hoy tiene Venezuela el deshonroso privilegio de ser el primer país petrolero en sufrir hiperinflación y de haber dilapidado su riqueza
Una hiperinflación se combate con política fiscal, monetaria y cambiaria, no con controles de precios y de cambio que provocaron la crisis
Hoy tiene Venezuela el deshonroso privilegio de ser el primer país petrolero en sufrir hiperinflación y de haber dilapidado su riqueza
Una hiperinflación se combate con política fiscal, monetaria y cambiaria, no con controles de precios y de cambio que provocaron la crisis
tommy271
Forumer storico
Noticias VenezuelaAccount verificato @NoticiasVenezue
Elvis Amoroso: “Si DólarToday no existiera los venezolanos comeríamos lomito todos los días” https://goo.gl/C2fni6
Francisco J. Monaldi @fmonaldi
Un genio este. Debería crear una pagina que se llame Oil Today y ponerlo por encima $200 dólares por barril.
Elvis Amoroso: “Si DólarToday no existiera los venezolanos comeríamos lomito todos los días” https://goo.gl/C2fni6
Francisco J. Monaldi @fmonaldi
Un genio este. Debería crear una pagina que se llame Oil Today y ponerlo por encima $200 dólares por barril.
tommy271
Forumer storico
Latinobarómetro @Latinobarometro
El apoyo a la democrácia sigue en declive en la región latinoamericana.
Se intensifica el apoyo de los latinoamericanos a la economía de mercado.
La confianza en los partidos políticos en su nivel más bajo desde 2003.
La percepción de progreso en las sociedades latinoamericanas continúa bajando desde 2010.
Desde 2009 la aprobación de los gobiernos latinoamericanos cae fuertemente hasta alzcanzar solo un 36% en 2017.
El apoyo a la democrácia sigue en declive en la región latinoamericana.
Se intensifica el apoyo de los latinoamericanos a la economía de mercado.
La confianza en los partidos políticos en su nivel más bajo desde 2003.
La percepción de progreso en las sociedades latinoamericanas continúa bajando desde 2010.
Desde 2009 la aprobación de los gobiernos latinoamericanos cae fuertemente hasta alzcanzar solo un 36% en 2017.
tommy271
Forumer storico
Venezuela's PDVSA pays bond, default jitters ease for now
Alexandra Ulmer, Corina Pons
CARACAS (Reuters) - Venezuelan state oil company PDVSA [PDVSA.UL] began making a major bond payment due on Friday, easing short-term worries about default but leaving the socialist government with less cash to attend to food shortages and economic depression.
Investors had fretted this week that cash-flow problems and regulatory hurdles resulting from U.S. sanctions on the government of President Nicolas Maduro might leave the company unable to make the nearly $1 billion payment.
Venezuela’s socialist policies have resulted in an economic depression, soaring inflation, and shortages of food and medicine, despite being an OPEC country with among the largest oil reserves in the world.
Bondholders have for years shrugged off Venezuela’s economic implosion, insisting Maduro’s willingness to pay and Venezuela’s substantial offshore assets made the high-yield debt a good bet.
But sources close to the government this week said Maduro had considered not paying, and that the last-minute approval came after intense discussions among cabinet members about the potential benefits of defaulting.
PDVSA “has knocked down the doomsday voices that were betting on economic meltdown and attacking the Venezuelan people, in conspiracy with the global economic oligarchy, with the aim of destabilizing and sabotaging the Bolivarian government’s economic advances,” PDVSA said in a statement.
PDVSA transferred $841.88 million in principal on the 2020 bond to accounts at JPMorgan, the statement said, without mentioning the outstanding $143 million coupon payment also due.
Late Friday Vice President Tareck El Aissami confirmed the payment, adding, “They were not able to block us.”
PDVSA did not immediately respond to a further request for comment. JPMorgan also declined to comment.
Clearing house Clearstream, which facilitates payment to bondholders, did not respond to a request for comment on whether it had received the money.
Two operators, requesting anonymity told Reuters the money has been sent but had not yet arrived. Several financial sources said Monday would bring clarity.
Venezuela and PDVSA bond prices rose earlier Friday following a Reuters report that the payment had been initiated.
PDVSA’s 2017N bond, which comes due on Thursday, was up 7.150 points to a bid price of 96.500, according to Thomson Reuters data, while Venezuela’s 2022 bond was up 3.8750 points to bid 44.250.
The 2020 bond, which was issued last year as part of a refinancing effort, is backed by shares of PDVSA’s Citgo U.S. refining and marketing subsidiary.
Separately, on Friday Venezuela said it had appointed Simon Zerpa, PDVSA’s chief financial officer, as the OPEC member’s acting economy minister.
FUTURE BURDEN
Investor concerns will now turn to the company’s next looming large debt commitments. PDVSA faces a $1.2 billion debt payment next week, while Venezuela and PDVSA have around $10 billion in bond service next year.
“At some point down the road, if it’s not tomorrow it’s going to be, who knows, in some months, in one year - the risk of a (default) is very high,” said Mauro Roca, sovereign analyst at asset manager TCW, which has $201.6 billion under management.
Roca added that U.S. sanctions against Maduro, which bar banks from providing new financing to Venezuela, will make a debt restructuring impossible, further clouding the long-term panorama.
Cash-strapped Venezuela has cut food imports and sales of U.S. dollars through official mechanisms to ensure Friday’s bond payment. Partly as a result, the bolivar currency has tumbled 34 percent on the black market in the last month.
“After today’s payment of financial debt, the social debt remains unpaid, with a population dying of hunger, stricken by illnesses, and hopeless,” said opposition lawmaker and economist Jose Guerra.
Opposition political parties claim the late President Hugo Chavez recklessly issued bonds during an earlier decade-long period of high oil prices but that many of the proceeds evaporated in mismanaged projects and corruption.
“Bondholders shouldn’t be blamed... The blame goes to those who irresponsibly indebted Venezuela,” added Guerra.
LAST-MINUTE DECISION?
Sanctions this year by U.S. President Donald Trump’s administration block U.S. banks from providing new financing to Venezuela but allow them to carry out routine operations, including making bond payments for Venezuela-based entities.
Since the sanctions, financial institutions have insisted on greater documentation for Venezuelan transactions.
Russia on Friday separately said it was ready to restructure $3 billion in debt between the two countries, which included the possibility of postponing a debt repayment.
Venezuela has borrowed billions of dollars from Russia and China over the years, primarily through oil-for-loan deals that over time have crimped the country’s hard currency revenue by requiring oil shipments to be used as service on those loans.
***
L'intera Reuters ... Venezuela's PDVSA pays bond, default jitters ease for now
Alexandra Ulmer, Corina Pons
CARACAS (Reuters) - Venezuelan state oil company PDVSA [PDVSA.UL] began making a major bond payment due on Friday, easing short-term worries about default but leaving the socialist government with less cash to attend to food shortages and economic depression.
Investors had fretted this week that cash-flow problems and regulatory hurdles resulting from U.S. sanctions on the government of President Nicolas Maduro might leave the company unable to make the nearly $1 billion payment.
Venezuela’s socialist policies have resulted in an economic depression, soaring inflation, and shortages of food and medicine, despite being an OPEC country with among the largest oil reserves in the world.
Bondholders have for years shrugged off Venezuela’s economic implosion, insisting Maduro’s willingness to pay and Venezuela’s substantial offshore assets made the high-yield debt a good bet.
But sources close to the government this week said Maduro had considered not paying, and that the last-minute approval came after intense discussions among cabinet members about the potential benefits of defaulting.
PDVSA “has knocked down the doomsday voices that were betting on economic meltdown and attacking the Venezuelan people, in conspiracy with the global economic oligarchy, with the aim of destabilizing and sabotaging the Bolivarian government’s economic advances,” PDVSA said in a statement.
PDVSA transferred $841.88 million in principal on the 2020 bond to accounts at JPMorgan, the statement said, without mentioning the outstanding $143 million coupon payment also due.
Late Friday Vice President Tareck El Aissami confirmed the payment, adding, “They were not able to block us.”
PDVSA did not immediately respond to a further request for comment. JPMorgan also declined to comment.
Clearing house Clearstream, which facilitates payment to bondholders, did not respond to a request for comment on whether it had received the money.
Two operators, requesting anonymity told Reuters the money has been sent but had not yet arrived. Several financial sources said Monday would bring clarity.
Venezuela and PDVSA bond prices rose earlier Friday following a Reuters report that the payment had been initiated.
PDVSA’s 2017N bond, which comes due on Thursday, was up 7.150 points to a bid price of 96.500, according to Thomson Reuters data, while Venezuela’s 2022 bond was up 3.8750 points to bid 44.250.
The 2020 bond, which was issued last year as part of a refinancing effort, is backed by shares of PDVSA’s Citgo U.S. refining and marketing subsidiary.
Separately, on Friday Venezuela said it had appointed Simon Zerpa, PDVSA’s chief financial officer, as the OPEC member’s acting economy minister.
FUTURE BURDEN
Investor concerns will now turn to the company’s next looming large debt commitments. PDVSA faces a $1.2 billion debt payment next week, while Venezuela and PDVSA have around $10 billion in bond service next year.
“At some point down the road, if it’s not tomorrow it’s going to be, who knows, in some months, in one year - the risk of a (default) is very high,” said Mauro Roca, sovereign analyst at asset manager TCW, which has $201.6 billion under management.
Roca added that U.S. sanctions against Maduro, which bar banks from providing new financing to Venezuela, will make a debt restructuring impossible, further clouding the long-term panorama.
Cash-strapped Venezuela has cut food imports and sales of U.S. dollars through official mechanisms to ensure Friday’s bond payment. Partly as a result, the bolivar currency has tumbled 34 percent on the black market in the last month.
“After today’s payment of financial debt, the social debt remains unpaid, with a population dying of hunger, stricken by illnesses, and hopeless,” said opposition lawmaker and economist Jose Guerra.
Opposition political parties claim the late President Hugo Chavez recklessly issued bonds during an earlier decade-long period of high oil prices but that many of the proceeds evaporated in mismanaged projects and corruption.
“Bondholders shouldn’t be blamed... The blame goes to those who irresponsibly indebted Venezuela,” added Guerra.
LAST-MINUTE DECISION?
Sanctions this year by U.S. President Donald Trump’s administration block U.S. banks from providing new financing to Venezuela but allow them to carry out routine operations, including making bond payments for Venezuela-based entities.
Since the sanctions, financial institutions have insisted on greater documentation for Venezuelan transactions.
Russia on Friday separately said it was ready to restructure $3 billion in debt between the two countries, which included the possibility of postponing a debt repayment.
Venezuela has borrowed billions of dollars from Russia and China over the years, primarily through oil-for-loan deals that over time have crimped the country’s hard currency revenue by requiring oil shipments to be used as service on those loans.
***
L'intera Reuters ... Venezuela's PDVSA pays bond, default jitters ease for now
arkymede74
Forumer storico
Ventodivino
מגן ולא יראה
Appunto.
Adoro le cose semplici, ma non le semplificazioni quando non si può semplificare.
Se Maduro avesse avuto la ragionevole sicurezza che cambiando nome (o inventandosi le più complicate loopholes) alla società avrebbe potuto salvare i proventi derivanti dall'oil perchè non lo avrebbe fatto ?
Perchè ama mantenere i Proci/mangiatori di pesce ?
Per il buon nome ?
In questi ultimi anni il Venezuela non è mai stato inadempiente su debiti bilaterali o multilaterali ?
Molti (sono sempre i soliti studi affacciati sul Potomac) già in passato hanno ideato stratagemmi per riuscire a proteggere i proventi dell'oil dai voraci creditori, ma lui non si fida.
Gli ultimi (report già postato a fine settembre, praticamente senza riscontro ) che hanno provato a convincerlo sono due che dal curriculum non paiono proprio dei dilettanti.
Ma non si fida lo stesso.
Per capire le difficoltà leggerei le pagine da 13 a 24, oppure si può continuare a dire che sarebbe una cavolata infi.nocchiare i creditori di PDVSA.
PS
le lunghissime PDVSA rendono un filo meno dei Soberanos.
tommy271
Forumer storico
El gobierno violó la Constitución con designación de Ramón Lobo
“La ilegal asamblea constituyente usurpó funciones del presidente de la República y de la Asamblea Nacional”, afirmó el diputado José Guerra
Por GUSTAVO LARA
28 DE OCTUBRE DE 2017 09:15 AM | ACTUALIZADO EL 28 DE OCTUBRE DE 2017 10:49 AM
Los diputados a la Asamblea Nacional José Guerra, presidente de la Comisión de Finanzas y Desarrollo Económico, y Elías Matta, vicepresidente de la Comisión de Energía y Minas, afirmaron que la designación de Ramón Lobo como presidente del Banco Central de Venezuela violó lo establecido en la Constitución y en el artículo 9 de ley del instituto emisor.
El nombramiento se hizo a petición del presidente Nicolás Maduro, que mediante un escrito indicó que la designación del titular del BCV resultaba imposible de realizarse a través de la Asamblea Nacional debido a que aún estaba en desacato, según las sentencias del Tribunal Supremo de Justicia.
“La Constitución y la ley del Banco Central están vigentes. La ilegal asamblea constituyente usurpó funciones del presidente de la República y del Poder Legislativo, que en conjunto deben designar al funcionario que desempeñará el cargo”, dijo Guerra.
Matta agregó: “No hay duda de que el gobierno se ampara en el estatus de desacato del Parlamento para designar al presidente del Banco Central, y tomar otras decisiones que han llevado a la institución a funcionar como una oficinita del gobierno”.
Guerra señaló que, de acuerdo con los estatutos de la entidad financiera, el jefe del BCV debe contar con una experiencia de 10 años en el área económica. “No creo que Lobo tenga esa experiencia. En su gestión no habrá intención de parar la emisión de billetes, que es el principal responsable de la inflación”.
Con respecto a la inflación, el diputado afirmó que se mantendrá entre 25% y 30% mensual hasta cerrar este año entre 1.200% y 1.400%. “Estamos en un proceso de hiperinflación por la impresión de dinero para financiar el déficit fiscal. La inflación no la generan los comerciantes ni el vendedor, sino el gobierno creando dinero”, enfatizó.
“Los bancos centrales no son bancos ordinarios. El BCV tiene una sola función: lograr y procurar la estabilidad de la moneda; vale decir, que no haya inflación”, recordó Guerra.
Los cambios frecuentes de presidentes del instituto emisor son perjudiciales para el banco. “Es un daño enorme que se le hace a la institución porque los bancos son destinados para la estabilidad, no para la inestabilidad. Estas maniobras se han encargado de destruir la moneda que el banco emite, el bolívar, antes fuerte y ahora débil”, agregó el parlamentario.
(El Nacional)
“La ilegal asamblea constituyente usurpó funciones del presidente de la República y de la Asamblea Nacional”, afirmó el diputado José Guerra
Por GUSTAVO LARA
28 DE OCTUBRE DE 2017 09:15 AM | ACTUALIZADO EL 28 DE OCTUBRE DE 2017 10:49 AM
Los diputados a la Asamblea Nacional José Guerra, presidente de la Comisión de Finanzas y Desarrollo Económico, y Elías Matta, vicepresidente de la Comisión de Energía y Minas, afirmaron que la designación de Ramón Lobo como presidente del Banco Central de Venezuela violó lo establecido en la Constitución y en el artículo 9 de ley del instituto emisor.
El nombramiento se hizo a petición del presidente Nicolás Maduro, que mediante un escrito indicó que la designación del titular del BCV resultaba imposible de realizarse a través de la Asamblea Nacional debido a que aún estaba en desacato, según las sentencias del Tribunal Supremo de Justicia.
“La Constitución y la ley del Banco Central están vigentes. La ilegal asamblea constituyente usurpó funciones del presidente de la República y del Poder Legislativo, que en conjunto deben designar al funcionario que desempeñará el cargo”, dijo Guerra.
Matta agregó: “No hay duda de que el gobierno se ampara en el estatus de desacato del Parlamento para designar al presidente del Banco Central, y tomar otras decisiones que han llevado a la institución a funcionar como una oficinita del gobierno”.
Guerra señaló que, de acuerdo con los estatutos de la entidad financiera, el jefe del BCV debe contar con una experiencia de 10 años en el área económica. “No creo que Lobo tenga esa experiencia. En su gestión no habrá intención de parar la emisión de billetes, que es el principal responsable de la inflación”.
Con respecto a la inflación, el diputado afirmó que se mantendrá entre 25% y 30% mensual hasta cerrar este año entre 1.200% y 1.400%. “Estamos en un proceso de hiperinflación por la impresión de dinero para financiar el déficit fiscal. La inflación no la generan los comerciantes ni el vendedor, sino el gobierno creando dinero”, enfatizó.
“Los bancos centrales no son bancos ordinarios. El BCV tiene una sola función: lograr y procurar la estabilidad de la moneda; vale decir, que no haya inflación”, recordó Guerra.
Los cambios frecuentes de presidentes del instituto emisor son perjudiciales para el banco. “Es un daño enorme que se le hace a la institución porque los bancos son destinados para la estabilidad, no para la inestabilidad. Estas maniobras se han encargado de destruir la moneda que el banco emite, el bolívar, antes fuerte y ahora débil”, agregó el parlamentario.
(El Nacional)