Blogs

ProLogis’ Birmingham shed to house Selfridges

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Cuba condemns US sanctions against Venezuelan state oil company

first_imgMap of Cuba. Photo credit: infoplease.comHAVANA, Cuba — The Cuban Ministry of Foreign Affairs has issued an official declaration strongly condemning recent sanctions imposed by the government of the United States against Venezuela’s state oil company, PDVSA.The declaration, published by Juventud Rebelde newspaper on Sunday, read: “Cuba’s government and people express their solidarity with President Hugo Chavez and with the Venezuelan people, and fully support a resolution passed by the National Assembly of Venezuela on this issue.”The declaration claimed that, with these sanctions, the United States has violated international law and implemented unilateral and extraterritorial regulations.The note from the Cuban Ministry of Foreign Affairs added that the economic aspect of these punitive measures is not the essential issue but the risk that, with this decision, Washington might be trying to provoke new conflicts in the region as part of its efforts to divide Latin America and the Caribbean.“By attacking Venezuela, you’re also attacking Cuba,” the text noted.PDVSA is one of seven companies penalized by the US for providing gasoline and other refined petroleum products to Iran in violation of a US law that aims to pressure Tehran into dropping its nuclear program. The State Department said PDVSA supplied Iran with “at least two cargoes” of a blending component used to improve gasoline.The sanctions bar PDVSA from seeking US government contracts, obtaining US export licenses, and from obtaining financing from the Export-Import Bank of the US, but leave untouched the flow of an estimated 1.2 million barrels a day of Venezuelan crude oil to the US.PDVSA’s refining business in the US, represented mainly by Citgo Petroleum, will also be unaffected.Caribbean News Now Sharing is caring! Share Share NewsRegional Cuba condemns US sanctions against Venezuelan state oil company by: – May 31, 2011center_img Tweet 39 Views   no discussions Sharelast_img read more