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View Full Version : PDVSA Unit to Take Stakes in Ventures to Supply Worker Fund - Bloomberg



NewsWhore
03-27-2012, 07:50 PM
PDVSA Unit to Take Stakes in Ventures to Supply Worker Fund (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHSRYYKyYqcQO_02z5qLpqYxAHYDw&url=http://www.bloomberg.com/news/2012-03-27/pdvsa-unit-to-take-stakes-in-ventures-to-supply-worker-fund-1-.html)
Bloomberg
The fund will sell the dollars through the bank's currency market, known as Sitme, to receive local currency to pay interest and principal on the bolivar notes. Workers who receive the bolivar notes as payment for labor- related debt from the ...

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