US Federal Court Orders Seizure of Venezuela’s Citgo Petroleum Assets in the US

A US federal judge authorized the seizure of Venezuela’s only sizable US asset, Citgo Petroleum. This was the country's major source of income and its loss will cripple the Maduro regime. Venezuela is $150-billion in debt and will fall into full default without income from Citgo. The Russians will also lose money because they own 49% of Citgo. [...]