The country's government and its
state-run oil company missed five small debt payments last week totaling $349
million, according to three experts who closely follow the debt. Delayed
payments are becoming increasingly common for the country's bondholders. But a
new excuse is surfacing: President Donald Trump and the financial sanctions his
administration imposed on Venezuela in August. The government hasn't commented
on why it didn't pay this time but in late September, Venezuela Vice President
Tareck El Aissami -- who the Trump administration labeled a drug trafficker --
blamed Trump for a separate delayed payment. More…
No comments:
Post a Comment