Friday, January 24, 2014

Transitions Venezuela's Government Versus the World's Airlines

International airlines serving Venezuela are not on good terms with the country's government. The government owes them close to $3 billion in ticket sales, and is now trying to "negotiate" the debt, i.e., water it down so that it doesn't have to pay as much. In fact, one could say the government is downright expropriating the airline's hard-earned profits. How did the two parties get to this point? More...

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