The stocks of major telecommunications company Cantv tumbled
18.09 percent Monday at the Caracas Stock Exchange at the
beginning of the government takeover bid as a result, according
to brokers, of falling interest in their trading.
The shares have been traded at USD 3.01, but the deal stopped
at 10:30 a.m., Reuters reported.
Oil Scenario
HYDROCARBONS Rafael Ramírez, Venezuela's Minister of Petroleum and Mining and president of state-run oil company Petróleos de Venezuela (Pdvsa) specified that oil exports to China would be equal to current shipments of Venezuelan oil to the United States.
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