A planned $1.5 billion loan for two Venezuelan refineries is reportedly in jeopardy after that nation seized Japanese company assets.
The Japan Bank for International Cooperation is reviewing its loan for the upgrades.
Venezuelan President Hugo Chavez may be risking as much as $33.5 billion in Japanese investment as he takes over plants owned by Japanese companies.
http://www.bloomberg.com/apps/news?pid=20601086&sid=aHfRkWQcvqeQ
Popular Posts
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- COLOMBIA : 7 Killed, 8 Injured In Meta Bus/Truck Crash.
- VENEZUELA : Caracas Gets Some Toilet Paper Relief; Opposition TV Channel Globovision Surrenders; Maduro Befriends Empresas Polar.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- CHILE : Exposing Santiago's Often Violent 'Hooded" Protesters.
- CANADA / MEXICO / USA : 22 May UPDATE: BC Man And American Feared Kidnapped In Puerto Vallarta.
- TEXAS / USA / IMAGES : 6 Dead, 200 Homes Damaged After 16 Tornadoes Ravage Granbury, Cleburne.
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.