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Venezuela Misses Another Debt Payment, Raising Stakes for Bondholders
Wall Street Journal ^
| January 2, 2018
| Julie Wernau and Imani Moise
Posted on 01/03/2018 5:52:06 AM PST by C19fan
Venezuela has defaulted on another debt obligation, according to S&P Global Ratings, intensifying investor fears about the countrys ability to make more than $9 billion in bond payments due in 2018.
The ratings firm said Tuesday that Venezuela failed to make $35 million in coupon payments for its bonds due in 2018 within a 30-day grace period. The government and the state-owned oil company are now behind on $1.28 billion in payments, according to investment firm Caracas Capital.
(Excerpt) Read more at wsj.com ...
TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: venezuela
Venezuelan debt holders getting what they deserve.
1
posted on
01/03/2018 5:52:06 AM PST
by
C19fan
To: C19fan
Ask Bernie what they should do.
2
posted on
01/03/2018 5:54:33 AM PST
by
FatherofFive
(Islam is EVIL and needs to be eradicated)
To: FatherofFive
Bernie would say they should be bailed out by the U.S. taxpayer.
3
posted on
01/03/2018 5:55:43 AM PST
by
marktwain
(President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
To: C19fan
“I ran out of money but I can get some more and ... hey! Where’d all the Other People go??”
4
posted on
01/03/2018 5:59:32 AM PST
by
ClearCase_guy
(Benedict McCain is the worst traitor ever to wear the uniform of the US military.)
To: C19fan
That’s the ticket. Keep getting final notice due and someone will bail you out. They didn’t get the text the US has a new sheriff who doesn’t play that.
5
posted on
01/03/2018 6:06:55 AM PST
by
bgill
(CDC site, "We don't know how people are infected with Ebola.")
To: FatherofFive
> Ask Bernie what they should do. <
It's a bit unfair to ask Bernie to solve this all by himself. But Bernie plus Sean Penn, that would be a powerhouse combination!
6
posted on
01/03/2018 6:13:20 AM PST
by
Leaning Right
(I have already previewed or do not wish to preview this composition.)
To: C19fan
Lowering stakes, I’d say.
7
posted on
01/03/2018 6:21:29 AM PST
by
jiggyboy
(Ten percent of poll respondents are either lying or insane)
To: C19fan
Who would be dumb enough to lend to VZ?
8
posted on
01/03/2018 7:11:28 AM PST
by
lurk
To: C19fan
Anyone who funded a communist dictator deserves to lose it all.
9
posted on
01/03/2018 7:46:32 AM PST
by
ArcadeQuarters
("Immigration Reform" is ballot stuffing)
To: Leaning Right
10
posted on
01/03/2018 8:00:33 AM PST
by
rjsimmon
(The Tree of Liberty Thirsts)
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