VENEZUELA DEBT CRISIS: Poverty-stricken search bins for food as financial chaos worsens

VENEZUELA DEBT CRISIS: Poverty-stricken search bins for food as financial chaos worsens
 

The Opec nation seeks to avert a default that would plunge its economy into deeper uncertainty.
President Nicolas Maduro's government has summoned investors who hold some $60 billion in junk bonds to Caracas in a desperate bid to shore up public finances that have been squeezed by the unraveling of the socialist economy. 
Investors broadly said they planned to skip the meeting because of concerns about US sanctions on senior Venezuelan officials, worries about security in violence-torn Caracas, and generalised confusion about what President Maduro hopes to achieve. 
Markets were optimistic... read more

 
13 November 2017 in World News, Views: 44
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