Venezuela's socialist government gifted chocolates to
creditors at debt talks on Monday, but little else in terms of firm proposals
to renegotiate $60 billion in bonds, suggesting the struggling OPEC nation
lacks a strategy to avert default. President Nicolas Maduro confused investors
this month with a vow to continue paying Venezuela's crippling debt, while also
seeking to restructure and refinance it. More… 
Tuesday, November 14, 2017
Venezuela offers chocolates but little else to creditors
Venezuela's socialist government gifted chocolates to
creditors at debt talks on Monday, but little else in terms of firm proposals
to renegotiate $60 billion in bonds, suggesting the struggling OPEC nation
lacks a strategy to avert default. President Nicolas Maduro confused investors
this month with a vow to continue paying Venezuela's crippling debt, while also
seeking to restructure and refinance it. More… 
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment