GOLDMAN SACHS: These 14 underappreciated stocks are set to take off

GOLDMAN SACHS: These 14 underappreciated stocks are set to take off

Two Venezuelans died from gunshot wounds during protests against Maduro, witnesses and local media said on Saturday, pushing the death toll from nearly two months of anti-government protests to 33. The deal, first reported by the Wall Street Journal, made Goldman complicit in alleged human rights abuses under the government, they said. The government received a loan of around $300 million from the New York-based hedge fund and pledged Venezuelan bonds as collateral, said a person familiar with the deal.

His opponents say the purchase has given him a financial lifeline.

"By giving $900 million to a dictatorship, they are funding a systematic human rights violator, they are funding immorality and for Maduro to stay in power while he keeps killing people", said Eduardo Lugo, 23, a Venezuelan attending college in NY and a leader of the protest.

The bonds, held by Venezuela's central bank, weren't released to the public after lack of investor interest in bonds of this struggling country.

Venezuela's opposition is refusing to participate, saying the vote set for July is a sham, with biased rules to ensure the body is filled with Maduro supporters.

The opposition-controlled Congress also voted on Tuesday to ask its United States counterpart to investigate the deal.

"We recognise that the situation is complex and evolving and Venezuela is in crisis".

"By giving $900 million to a dictatorship, they are funding a systematic human rights violator, they are funding immorality and for Maduro to stay in power while he keeps killing people", said Eduardo Lugo, 23, a Venezuelan attending college in NY and a leader of the protest.

The statement did not include the price of the bonds or the amount purchased.




In a statement, Goldman Sachs said it brought the bonds through a secondary broker and did not interact with the Venezuelan government.

Mr Maduro says the protests are a violent attempt at a coup and insists the country is the victim of an "economic war" supported by Washington.

The government of President Nicolas Maduro has been under attack by OAS chief Luis Almagro, who has vocally backed Venezuela's opposition and promoted foreign intervention in the country, leading Caracas to begin the process of withdrawal from the worldwide body.

He said he meant to recommend to "any future democratic government of Venezuela not to recognise or pay on these bonds".

- Target: reporters -Venezuelan National Guard forces on Wednesday assaulted several reporters, including AFP photographer Luis Robayo, as they covered a protest. "This good business deal of Goldman Sachs is at our expense", said Diana Carvallo, a 65-year-old artist who splits her time between NY and Caracas.

Goldman Sachs did not immediately respond to a request for comment.

"It may get them through the day", a senior USA official said Tuesday, "but the longer-term consequences seem to be quite damaging for the institutions as well as for the society".

The Organization of American States is gathering foreign ministers from Western hemisphere countries to "establish a mandate for new diplomatic engagement", according to a senior U.S. State Department official.

Venezuelans supporting the Maduro government marched Wednesday in Caracas under the banner of rejecting global intervention and sending a message to the representatives meeting in Washington that - as socialist politician Elias Jaua put it - Venezuela's sovereignty must be respected.

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