Hundreds of millions of dollars were shipped from Russia to Venezuela to sidestep US sanctions

Credit: Business Insider- Published on November 2, 2019
· *Hundreds of millions of dollars have been shipped from Russia to Venezuela, Bloomberg reported.*
· *Bloomberg analyzed data from ImportGenius which found that $315 million was sent from Russia between May 2018 to and April 2019.*
· *The money, Bloomberg said, can be used in a variety of methods such as "repatriating cash...
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Video credit: Wochit News
Published on November 2, 2019 -  00:50
Russia Sends Hundreds Of Millions Of Dollars To Venezuela
Hundreds of millions of dollars have been shipped from Russia to Venezuela. According to Business Insider, $315 million was sent from Russia between May 2018 to and April 2019. The money can be used in a variety of methods. For example, to repatriate cash held overseas or dividends from a stake in a Moscow-based bank. Venezuela has been subject to a variety of sanctions from the US. The Trump administration recognizes opposition leader Guaidó as president of the country, not Maduro.

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