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Venezuela bondholders inch toward showdown

Friday, May 5, 2017

Amid crisis, Venezuela looks towards India for support

Speaking at a press conference at the Venezuelan Embassy here, Venezuela Ambassador Augusto Monitel insisted that the economic problems of the country should not be an excuse for "imperialist powers" to declare it as a "failed state". "We would like support from every nation, including India, to help keep our sovereignty without any foreign intervention as is provided in the Charter of United Nations. Those are main principles we in Venezuela conform to the notion and respect every country and expect the same in return," he said. The ambassador gesticulated heavily during his two hour long diatribe against the US and the opposition back home.  More…

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