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US Hits Venezuela Oil Firm PDVSA With Sanctions
The US have also urged the country's military to accept a peaceful transfer of power
The US has imposed sanctions on Venezuela's state-owned oil firm PDVSA and urged the country's military to accept a peaceful transfer of power. Danny Bahar, Latin America economist at the Brookings Institution in Washington, explains what the impact of the sanctions would be. Plus, Andrew Husby, chief economist at Decision Economics, tells us about the day's trading on Wall Street.
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