Maduro’s calls for restructuring may be disingenuous – or the government could indeed have a plan for its debt.
Venezuela
“The most striking thing to me is that [Lorenzo Mendoza’s] still committed to Venezuela despite being able to take his company elsewhere,” says AS/COA's Guillermo Zubillaga on the Empresas Polar CEO.
AQ spoke to a debt expert on what a possible default would mean for Venezuela and the world.
The tragic history of Venezuela’s El Helicoide speaks to the promise and privation of a nation in decline.
AS/COA's Eric Farnsworth calls the latest wave of sanctions "a clear, and well deserved, tightening of the screws on the regime as it has cast off even the pretense of democracy".
The question, says Nomura Securities’ Siobhan Morden, is if the government of President Nicolás Maduro is resilient enough to withstand the fallout of a hard default.
The question, says Nomura Securities’ Siobhan Morden, is if the government of President Nicolás Maduro is resilient enough to withstand the fallout of a hard default.