Bloomberg: Venezuela’s Maduro Pleads for Foreign Capital, Biden Deal in Caracas Interview
Seated on a gilded Louis XVI chair in his office at Miraflores, a sprawling, neo-Baroque palace in northwest Caracas, Venezuelan President Nicolas Maduro projects unflappable confidence.
The country, he says in an 85-minute interview with Bloomberg Television, has broken free of “irrational, extremist, cruel” U.S. oppression. Russia, China, Iran and Cuba are allies, his domestic opposition is impotent.
If Venezuela suffers from a bad image, it’s because of a well-funded campaign to demonize him and his socialist government.
The bombast is predictable. But in between his denunciations of Yankee imperialism, Maduro, who’s been allowing dollars to circulate and private enterprise to flourish, is making a public plea and aiming it directly at Joe Biden.
The message: It's time for a deal.
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Update: Venezuela President Maduro Talks Sanctions, Economy: Transcript (Bloomberg)
WNU Editor: Venezuela under the current regime is one of the worse places to invest capital.
Venezuela already owes tens of billions to China, and it is now being "killed" by the imposition of a special tax on oil .... Venezuela’s Maduro receives harsh economic blow from an unlikely source: China (Miami Herald). And Russia, another country that Venezuela owes tens of billions of dollars, has stopped providing credit to the Maduro regime since last year.
