Central bank assistance to state-run Pdvsa stands at USD 29 billion
Assistance over the last 12 months has spiked to 79%
By October 26, the BCV had allocated USD 29 billion to Pdvsa, compared to only USD 16.2 billion during the same period in 2011.
During October this year, the financial aid amounted to USD 30.4 billion. Although by the end of that month the oil company had arranged to pay its liabilities, it only reduced its debts by USD 1.3 billion.
The BCV began providing financial assistance in the first half of 2010 when it received promissory notes that Pdvsa had issued to the National Treasury. Since then, financial assistance has not stopped.
Translated by Jhean Cabrera
No pellets, tear gas or 9mm firearm projectiles were enough. Several unpublished videos confirm what some witnesses had already warned in the very afternoon of February 12: that day, the Bolivarian National Intelligence Service (Sebin) shot a different type of bullets whose ammunition shells were picked up by the very officers who triggered the weapons.