Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn

Monday, October 30th 2017 - 07:00 UTC

Full article 3 comments

Venezuelan state oil company PDVSA began making a major bond payment, easing short-term worries about default but leaving the populist government with less cash to attend to food shortages and economic depression. Read full article

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DemonTree
“PDVSA “has knocked down the doomsday voices that were betting on economic meltdown and attacking the Venezuelan people, in conspiracy with the global economic oligarchy, with the aim of destabilizing and sabotaging the Bolivarian government’s economic advances,” PDVSA said in a statement.”

Ah, it's nearly as good as the Eastern Bloc during the cold war. :)

They should really stop crying wolf though, or one day the USA will attack them for real and no one will listen.
Oct 30th, 2017 - 06:32 pm - Link - Report abuse 0
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Chicureo
They need nobody to attack them as they are destroying themselves. Chile, like nearly the rest of Latin America, is full of Venezuelan immigrants; many of which are well educated and talented who will never return. The days of $100+ Dollar a barrel oil is gone and so are the chances of Maduro of surviving.
Nov 01st, 2017 - 06:14 pm - Link - Report abuse 0
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:o))
The Cartels + Banks [launderers] NEED him!
Nov 04th, 2017 - 08:46 am - Link - Report abuse 0
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