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-0.00172913594059897 -0.00340741494176874 -0.000661140212581984 -0.00422112597263889 -0.00188170675888713 0.00106799572801713 0.00310227330519256 -0.000457712454864339
Stock impact report

Trump is sending funds from Venezuela oil to a bank in Qatar: report [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Senior officials told Semafor that the U.S. has now completed its first sale of the South American country's oil in a deal worth $500 million. They justified the decision to hold some of the proceeds in the Gulf state, rather than in U.S. banks, by pointing out that it is a neutral location from which the funds could be freely and safely moved without risk of seizure. Massachusetts Sen. Elizabeth Warren , the ranking Democrat on the Senate Finance Committee, hit out at the strategy and said: “There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military. “That is precisely a move that a corrupt politician would be attracted to.” Trump's friendly relationship with Qatar was previously placed under the spotlight last May when he was heavily criticized for accepting a $400 million Boeing jet as a gift from the country. The U.S. finds itself in control of Venezuela 's natural resources after it Show less Read more
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