Thread regarding CITGO layoffs

Get ready for CITGO 2018 Layoffs

December 1, 2017 headlines back in Caracas, Venezuela: “Pdvsa está en peligro de embargo por impago de deuda”. Translation: Pdvsa is in danger of an embargo (or asset seizure) for non payment of its debts. Likely scenario: CITGO is lost to the bond holders as forfeited collateral. Start updating your resumes. It’s all downhill from here out.

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Post ID: @OP+QwY6I0V

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I wonder if there's a higher international court protection as this is clearly because of an illegal embargo by the U.S. These are the kinds of dirty tactics that get us in trouble around the world and then we ask why people don't like our foreign policy and our Government tactics.

Post ID: @78ukz+QwY6I0V

Court ordered asset seizure of the entire Citgo USA was made today, August 9, 2018. Bank on layoffs coming up late this year or first half 2019. I doubt that a gold mining company would want to own or operate an oil related enterprise, so expect it to be sold off to bidders as a whole or in pieces.

Post ID: @44sux+QwY6I0V

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