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In 2016, BSJI reached a $300 million credit agreement with PDVSA, according to PDVSA’s financial statements from that year. BSJI also has an account with the Fed, according to Fed records. In a statement, BSJI said it had complied with all U.S. sanctions and was cooperating with the FBI investigation. The source at the bank in Puerto Rico, along with Joyner and Nissman, said most of the island’s offshore banks applied strict scrutiny on customers, and that the decision would punish an entire sector for the actions of a few bad actors.
(Reuters) - American Media Inc (AMI) said on Thursday it was selling its National smooth wrap cufflinks black Enquirer tabloid to James Cohen, whose family owns a magazine distributor and used to own the Hudson chain of airport newsstands, The National Enquirer had admitted to paying hush money to help U.S, President Donald Trump get elected and been accused of attempting to blackmail Amazon founder Jeff Bezos, The weekly tabloid, along with two of its sister publications, will be purchased by Cohen, The Washington Post reported the sale was for $100 million, The companies did not respond to Reuters’ request for comment on the price..
Cohen’s family owns a U.S. magazine and book distributor, Hudson News Distributors. In 2008, the family sold the airport retail and newsstand business to Dufry AG. The deal comes a week after AMI said it was looking at “strategic options” for the National Enquirer as well as for the Globe and National Examiner brands. The sale is expected to reduce AMI’s debt to $355 million. Last week, the New York Times reported that owners of the National Enquirer were in talks to sell the tabloid to California-based billionaire Ronald Burkle.
Paul Pope, one of the heirs of the National Enquirer founder, Generoso Pope Jr., had also been in the list of bidders, according to media reports, On Tuesday, Pope dropped his bid to buy the supermarket tabloid from American Media, the New York Post reported, Over its 92-year history, the National Enquirer has enticed readers in supermarket checkout lines with sensational headlines and photos smooth wrap cufflinks black about celebrities, The tabloid’s website says it has an audience of 5 million, Earlier in February, Bezos, the chief executive of Amazon.com Inc, accused the publication of trying to blackmail him with the threat of publishing intimate photos, AMI has defended its reporting on Bezos’ affair with Lauren Sanchez, a former television anchor..
NEW YORK (Reuters) - Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. Brent crude futures settled at $71.97 a barrel, up 35 cents from their last close and near Wednesday’s five-month high of $72.27. Brent saw a weekly gain of 0.6 percent, marking the fourth consecutive weekly rise for the international benchmark. In post-settlement trade, the contract added 4 cents to $72.01 a barrel.
U.S, West Texas Intermediate (WTI) crude futures settled at $64.00 a barrel, up 24.00 cents, U.S, futures gained smooth wrap cufflinks black just under 0.2 percent for the week, their seventh weekly gain in a row, Many financial markets will be closed on Friday for public holidays, Saudi Arabia’s crude oil exports fell by 277,000 barrels to just under 7 million bpd in February from the month before, according to data from the Joint Organizations Data Initiative (JODI), U.S, crude, gasoline and distillate inventories dropped this week, with crude posting an unexpected drawdown, the first in four weeks, the Energy Information Administration (EIA) data showed on Wednesday..
“I think it’s pretty clear that tightening supplies and receding fears of demand growth is a boost to the market to these five month highs,” said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut. (GRAPHIC: U.S. crude inventories, weekly changes since 2017 - tmsnrt.rs/2XlX17b). U.S. energy companies this week cut the number of oil drilling rigs for the first time in three weeks as production growth forecasts from shale, the country’s largest oil fields, continue to shrink.
The U.S, rig count, an early indicator of future smooth wrap cufflinks black output, fell by eight in the week ending April 18, General Electric Co’s Baker Hughes energy services firm said in its weekly report, which was released a day early because of the Good Friday holiday, (GRAPHIC: U.S, Rig count - tmsnrt.rs/2X8Myf7), Oil has been driven up this year by an agreement reached by the Organization of the Petroleum Exporting Countries and its allies, including Russia, to limit their oil output by 1.2 million bpd, Global supply has been tightened further by U.S, sanctions on OPEC members Venezuela and Iran..