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The CHART OF THE DAY shows that speculation Venezuela could default has driven yields on its shorter-term debt above those on its longer-term securities in the past month, forming a so-called ...
Wall Street is watching and waiting, which is why the spread on Venezuela's 5-year credit default swap — basically debt insurance — has spiked. You just don't see charts like this every day.
My Misery Index for 2016 placed Venezuela at the unenviable top ... negative cash flows and piling up a mountain of debt (see the chart above). The arithmetic does not look good.
Dozens of U.S. mutual funds and big banks, which invest on behalf of millions of Americans, own portions of the debt. Venezuela was declared in default late Monday by S&P Global Ratings after a 30 ...
Venezuela's external debt rose to $156 billion in 2018, a new report estimates. That means the amount it owes is about 738% of the value of exports. As oil exports continue to decline, debt will ...
Venezuela, a nation spiraling into a humanitarian crisis, has missed a debt payment. It could soon face grim consequences. The South American country defaulted on its debt, according to a ...
That means lower output and a drop in the much-needed dollars the country requires to service its debt. Once Latin America’s largest oil producer, Venezuela lost the top spot to Brazil amid ...
As creditors meet in Caracas to renegotiate the country's foreign debt, BBC South America correspondent Katy Watson takes a closer look at Venezuela's debt problem and the challenges facing the ...
(Bloomberg) -- Venezuela will reinvest the debt it owes to Chevron Corp. after US President Donald Trump gave the oil giant one month to stop producing oil in the South American nation.
CARACAS—A looming debt default for Venezuela, long seen as catastrophic for the country’s oil-dependent economy, may yet provide a vital political boost for embattled President Nicolás Maduro ...
Wall Street is watching and waiting, which is why the spread on Venezuela's 5 year credit default swap — basically debt insurance — has spiked. You just don't see charts like this everyday people.