GEOPOLITICA DEL MONDO MODERNO

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Venezuelanopposition

Venezuelan opposition condemns Goldman for $2.8 billion bond deal

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Goldman Sachs Group Inc (GS.N)’s statement that it never transacted directly with the government of Venezuelan President Nicolas Maduro when it bought $2.8 billion of bonds for pennies on the dollar was dismissed by the country’s opposition on Tuesday as an effort to “put lipstick on this pig”. Goldman, in a statement late Monday confirming the purchase, said its asset-management arm acquired the bonds “on the secondary market from a broker and did not interact with the Venezuelan government”. The New York-based investment bank came under fire by Venezuelan politicians and protesters in New York opposed to Maduro, who say the deal nonetheless provided the cash-strapped government hundreds of millions of dollars in badly-needed hard currency. The deal, first reported by the Wall Street Journal, makes Goldman complicit in alleged human rights abuses under the government, they said.

 

Venezuelan opposition marches against Maduro.

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Venezuelan security forces fired tear gas as demonstrators staged what they billed as the “mother of all marches” against President Nicolas Maduro on Wednesday, and a student caught up in a clash died after being shot in the head. Opposition supporters protested in Caracas and other cities, denouncing Maduro for eroding democracy and plunging the economy into chaos. Crowds swelled to hundreds of thousands, including Maduro supporters who held a counter-demonstration in the capital at the urging of the president.

 

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