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Venezuela 'new government' could get $10 billion in trade financing: Mnuchin
A group of finance ministers is working on a $10 billion package of trade finance that could be made available to help Venezuela out of its economic and humanitarian crisis once a new government is put in place, U.S. Treasury Secretary Steven Mnuchin said on Saturday. A group of 20 mostly Western finance ministers that met earlier this week in Washington is “going to be working on trying to put together a consortium of about $10 billion of trade finance that would be available for the new government to spark trade,” Mnuchin said in a press conference. Venezuela is mired in a deep economic crisis marked by ... (full story)