Post by
ugluuak on Nov 20, 2024 11:14am
All bets are off
The incoming Trump administration with Marco Rubio as secretary of state could / will add some focus on making life bleak for the Venezuelan regime of Maduro and his henchmen.
$100,000,000 for assisting in the arrest of Maduro adds to the RUBIO views on getting the election thieves out the door. Rapprochement is out the door and was never ever a consideration for a new deal with Maduro.
There will be some added focus on all thing Venezuelan, therefore the auction of CITGO will be part of the immediate anti Venezuela activities.
It can not be the US VS the globe all the time, every time.
Other South American nations will be requested heavily (read leveraged) to provide some support in ousting Maduro and sending him to CUBA to become their new KING !!!
The CITGO auction review will deal with the PDVSA BOND issues and their legitimacy and may circumvent certain legal rules as well as roadblocks by the BOND holders.
Is it fair to say or to believe that these bonds may be deemed to be illegal due to their origins with the Maduro government's PDVSA ? Time will tell and could be brought much sooner to the forefront affecting the valuation of future bids.
Their is little doubt that the Elliot winning bid was orchestrated with the auction Special Master to be "on the books" as these forces come into play.
Go Little Marco Go !
So to think that the latest US election results would not affect the auction of CITGO is completely unrealistic.
https://www.bnnbloomberg.ca/business/international/2024/11/20/bidens-move-on-venezuela-leaves-trump-little-room-to-cut-a-deal/