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The article discusses challenges facing Citgo Petroleum Corp., the U.S. subsidiary of Venezuelan state-owned oil company Petroleos de Venezuela SA (PDVSA). Topics discussed include the possible seizure of Citgo by creditors and other businesses if PDVSA fails to make payment on its 2020 bonds, refineries and gasoline stations owned by Citgo in the U.S., and the call on President Donald Trump to take actions to prevent Citgo's splitting.

The article discusses the consequences of the U.S. Federal Reserve's (Fed) interest rate reversal in 2019. Topics discussed include how the Fed's decision helped halt and partly reverse December 2018's stock sell-off, stress in the market for corporate bonds in December 2018 and implications of the rising value of the dollar.

The article reports that prices for government and corporate bonds in China have slumped in December 2016. Topics mentioned include the decision of the government to temporarily restrain some trading and make emergency loans to struggling financial institutions, the decision of the Federal Reserve to raise short-term interest rates, and Beijing's efforts to wring excess money from its financial system.

The article offers business news briefs on topics including the first major corporate bonds issued by Argentinian bank Banco Hipotecario in the international markets, the housing production rate in the U.S., and a projected economic growth in Japan in 2016.