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Monica de Bolle, senior fellow at the Peterson Institute for International Economics, agrees that PDVSA is in a parlous state.
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FedEx plans to pass along any refunds resulting from the Supreme Court's ruling that some of President Donald Trump's tariffs are "illegal." In a statement on its website, FedEx notes that while "no refund process has been established by the courts," the company will reimburse shippers and consumers impacted by tariffs if it gets its money back.