US Treasury weighs $2.3B loan to settle Venezuela's IDB debt

The US Treasury is evaluating a $2.3 billion loan to settle Venezuela's debt with the Inter-American Development Bank (IDB), following the IDB board's agreement to resume relations with Caracas. The loan would be transferred directly to the IDB, bypassing Venezuelan accounts, signaling a potential thaw in US-Venezuela financial ties. This marks a notable shift in US policy toward Venezuela, though the loan's approval and terms remain uncertain.

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