Venezuela in negotiation with China on a five-billion-dollar loan
The president of the Economic and Social Development Bank of Venezuela (Bandes) reports
"We are advancing in the negotiations; we are having another meeting in Caracas in two weeks, which is very likely to reach the goal: signing a new loan. We look forward to boost Chinese financing a bit higher. That is what we are negotiating at this point," Porras told journalists.
That political protest in Venezuela has lost momentum seems pretty obvious: people are no longer building barricades to block off streets near Plaza Francia in Altamira (eastern Caracas), an anti-government stronghold; no new images have been shown of brave and dashing protesters with bandanna-covered faces clashing with the National Guard in San Cristóbal, in the western state of Táchira; and those who dreamed of a horde of "Gochos" (Tachirans) descending in an avalanche to stir up revolt in Caracas have been left with no option but to wake up to reality.