Japan May Kill $1.5 Billion Venezuelan Loan After Asset Seizures

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.


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