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Venezuela bondholders inch toward showdown

Monday, July 3, 2017

Mexico takes lead to rein in Venezuela

Venezuelan President Nicolás Maduro announced this week that if his government’s “Bolivarian Revolution” were ever threatened, his supporters would turn to weapons. “What we failed to achieve with votes, we would do with weapons,” he said at a rally drumming up support for his plan to rewrite the Constitution. The statement was a further blow to Venezuela’s struggling democracy. But it also spotlighted the inability of regional neighbors to agree on a resolution condemning the Andean nation’s humanitarian emergency and human rights abuses.  More…

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