Thursday, November 2, 2017

Don’t Mention It! Russia Pardons $1 Billion of Venezuela’s Debt for 2017

Russia will not demand Venezuela repay its owed debt in the amount of $ 1 billion for 2017 alone, said the head of Russia’s Minister of Finance Anton Siluanov. Thus, Moscow continues to support Caracas and the Maduro led government. At the same time, there is no coherent reason to demand a return of the money from Venezuela, due to the severe economic and social crisis in the country, accompanied by a currency deficit, would not allow it to be payed off. More…


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