13 March 2019 — Countercurrents
Juan Guaido, the self-proclaimed “interim president” of Venezuela, has offered to sell out Venezuela’s oil industry to foreign private companies, and the U.S. has expressed its willingness to buy.
Guaido has proposed a “draft legislation” that will sell Venezuela’s oil reserves to private companies, a Reuters report said. The move would shrink the participation of state-run oil company PdVSA.
Ricardo Hausmann, Guaido’s delegate to the Inter-American Development Bank, said, “We need to change the current framework. We need to open up the oil industry to private investment.”
Ms. Cat’s Chronicles 
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