Cuba and Venezuela default on Brazilian development loans

Thursday, December 27th 2018 - 05:27 UTC

Full article 3 comments

After defaults in Mozambique, Venezuela, and Cuba the Brazilian government froze credit lines for new exports, a measure that will affect mostly small and medium-sized businesses. The Brazilian Treasury Department will spend US$ 6 million to reimburse BNDES (National Bank For Economic and Social Development) for Cuba's default Read full article

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:o))
As always, the Brazilians are pleased+eager to foot the bills!
Dec 27th, 2018 - 03:13 pm - Link - Report abuse +1
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Jack Bauer
The “Brazilians”, i.e., the PT........they got their share, so why should they care ?
Dec 29th, 2018 - 03:33 pm - Link - Report abuse 0
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:o))
@JB:

REF: “During the Lula and Rousseff administrations, the above mentioned countries hired large Brazilian contractors for infrastructure works”:

Everyone but the govts [past+present] know, how the millions vaporized [still “investigating”?]. That's why there aren't serious efforts made to retrieve the stolen wealth - no pressure on the crooks to return the dough - beyond the laughable attempts of offering generously, the Cosy 5-Star Cells only to a few of the privileged crooks [+ wasting more money in doing so]. With time, the Car-Wash Operation may conveniently evaporate too!
Jan 04th, 2019 - 09:48 am - Link - Report abuse 0
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