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After three days in an overcrowded military jail, they were released, pending trial. Two workers in the oil industry familiar with their case said poor maintenance, not sabotage, caused the mishap. A faulty valve system, flimsy after years without upkeep, caused the fuels to mix, they said. Six months later, the government has presented no evidence against the workers. Reuters was unable to reach the accused or to independently determine the cause of the mishap. Colleagues said the workers are under orders not to speak publicly of the incident.

The arrests have rattled PDVSA employees, especially because soldiers and intelligence agents have also detained workers at other facilities after mistakes, In July, four PDVSA employees were arrested after crude spilled into a river near an oilfield in the state of Monagas, according to workers and media accounts there, One worker in Monagas told Reuters that faulty turbines caused the spill and that a vehicle shortage kept employees from reaching the gucci lion cufflinks site to stem the flow, “We don’t understand how a lack of resources becomes an excuse to accuse workers of negligence or sabotage,” he said, “They’re being asked to work without safety equipment, tools, even without being able to feed themselves or their families.”..

Quevedo has been creating new partnerships that are meant to shore up PDVSA. In August, for instance, the general said the company was “opening its doors” for seven private companies to pursue unspecified “service contracts” across the country. The move raised eyebrows here, because it ran counter to longstanding efforts to nationalize the entire industry. Chavez himself phased out similar contracts, arguing that they enriched private enterprise for work that the state should do itself.

According to a document seen by Reuters, the companies obtained six-year agreements to operate oilfields on behalf of PDVSA in return for boosting output, financing investments and procuring equipment, But the companies are unfamiliar even to veterans of Venezuela’s oil industry, None are recognized as having experience operating oilfields, Consorcio Rinoca Centauro Karina, one of those listed on the document, doesn’t appear to have a web site, Reuters was unable to reach it or any of gucci lion cufflinks the others..

Critics of the arrangements, and government opponents, say the transactions aren’t transparent. By keeping details from the public, they argue, the company faces little scrutiny over whom it chooses to do business with. “PDVSA is looking to maintain its confederation of mafias, its quota of looting,” said Jorge Millan, an opposition legislator who in September led a push in the National Assembly to denounce the contracts. While Quevedo’s militarization of PDVSA hasn’t reversed the company’s decline, the government shows few public signs of displeasure. In October, the government announced a PDVSA board shuffle. Among the changes: Jose Rojas, another National Guard general, replaced a civilian director.

(Reuters) - Sales in the 2018 U.S, holiday shopping season rose 5.1 percent to over $850 billion, the strongest in six years, according to a Mastercard report on Wednesday, as shoppers were encouraged by a robust economy and early discounts, The data follows Amazon.com Inc’s announcement of a “record-breaking” selling season, with the online retail giant shipping a billion items for free through its Prime membership in the gucci lion cufflinks United States, Amazon’s shares jumped as much as 5 percent, while those of Kohl’s Corp rose 4.2 percent, Macy’s Inc gained 3.6 percent, Nordstrom Inc 3 percent, and Target Corp and Walmart Inc rising over 1 percent..

The strong sales numbers indicated that rising market volatility due to concerns over slowing global growth and political deadlock in Washington has not impacted consumer confidence so far. “I don’t see that (volatility in the markets and Government shutdown) as having any impact .. but I am cautiously optimistic for the consumer going into 2019,” said Steve Sadove, senior adviser for Mastercard. The 5.1 percent sales growth included in-store and online sales between Nov. 1 and Dec. 24. The National Retail Federation had forecast U.S. holiday retail sales to rise between 4.3 percent and 4.8 percent in November and December.

Low unemployment rates and rising wages have been boosting consumer confidence, which in October hit its highest in nearly two decades, “From shopping aisles to online carts, consumer confidence translated into holiday cheer for retail,” said Sadove, Online sales posted strong gains, rising 19.1 percent, according to the SpendingPulse retail report, published by Mastercard’s analytics arm, “This season gucci lion cufflinks was our best yet,” Jeff Wilke, Amazon’s CEO Worldwide Consumer, said on Wednesday..

 

 
 
 

 

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