Risk-averse suppliers are refusing to discharge cargoes to cash-strapped PDVSA without being paid first, unusual in an industry in which buyers normally have 30 to 60 days to pay after delivery.
Not unusual for companies that have been stiffed by the buyer before.
20 posted on 08/29/2016 12:00:43 AM PDT by Pontiac
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
29 posted on 08/29/2016 5:00:06 AM PDT by Eric in the Ozarks
(Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)