House of Cards: Venezuela Misses $200 Million in Interest Payments

Posted on 11/15/2017

With a US$ 60 billion debt mound, the Venezuelan government missed a deadline to make US$ 200 million in interest payments on two of its government bonds (due 2019 and due 2024) on late November 13, 2017, even with a 30-day grace period. Venezuela had been able to stave off a default after the 2014 […]

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