Might be time to look for back up to your Citgo gas card due to this months federal ruling on Chavez bond debt!
Finally -Here is great update on long delayed bond debate battle Chavez has been fighting in US ….. and losing. The usual years of stonewalling and dirt tricks was finally stuck down in federal court this week by all US 23 Judges in appeals court and wont be going to Supreme court. Venezuela/Chavez must pay $8 Billion to Skye & Venospa or risk seizure of their 14,000 Citgo stations. Regards ———–
Chavez’s $8B fuel tab – Venezuela leader loses long bond debt battle December 18, 2010
After a six-year legal battle, Venezuela strongman Hugo Chavez finally struck out in federal court this week and must honor an $8 billion bond debt his government ran up — or face seizure of his 14,000 nationally owned Citgo gas stations in the US. ………