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Venezuela bondholders inch toward showdown

Friday, July 14, 2017

What the unjailing of Leopoldo López means for Venezuela


ON JULY 5th, independence day, a pro-government mob armed with sticks, metal poles and pistols charged into Venezuela’s golden-domed national assembly building and beat up parliamentarians. Some of the victims, dazed and bloodied, staggered around the legislature’s gardens. Two went to hospital; with fractured skulls, it was feared. The thugs were responding to a summons by Tareck el Aissami, the country’s vice-president. The assembly, under opposition control since elections in December 2015, had been hijacked by an “oligarchy”, he declared; “patriots” should defend it. The national guard, responsible for the legislature’s security, made little effort to stop them. More…

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