Venezuela shifts oil ventures' accounts to Russian bank: Report

PDVSA's move follows tough, new US financial sanctions imposed on Jan. 28 and aimed at blocking leftist President Nicolas Maduro's access to the country's oil revenue. The United States and dozens of other nations have refused to recognize Maduro, characterizing his election last year to another six-year term as fraudulent.

from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2BtD7ym
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