ICSID says Venezuela owes Exxon $1.6 billion
That’s what Bloomberg’s Nathan Crooks is reporting.
Exxon was suing Venezuela for compensation stemming from Hugo Chávez’s forced nationalization of its assets. We’ll see how the market interprets this ruling.
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
Donate
