Venezuelan state-run oil company rules out a US dollar bond sale
The president of Venezuelan state owned oil company Pdvsa noted that the company will not take on further debts via US dollar bond sale
"We are issuing no bonds, and, particularly, we will not continue issuing bonds to take on debts in US dollars. That is not envisaged," the minister told the press.
The oil company's debt ended in 2012 at USD 40.02 billion, 14.7% above the numbers recorded a year earlier, AFP reported.
Translated by Jhean Cabrera
At the recent UN climate summit President Nicolás Maduro gave a speech on global warming highlighting the fact that "Capitalism has ignored over decades nature's capacity to load and recover," and, accordingly, "if we want to change climate, we need to change the system."