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Venezuela’s latest surprise default…China!
Last month Ricardo Hausmann, a normally mild Harvard academic, set off the equivalent of a financial bomb. The economist suggested that Venezuela had already defaulted on many of its suppliers, its oil...
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Venezuela’s debts to China – well, that’s alright then
When oil prices fall, it’s a fair bet that Venezuela’s economy will suffer. After all, that has been the case every time oil prices have fallen in the past. When Venezuela’s official gazette then...
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Venezuela’s new best friend – Goldman Sachs
By John-Paul Rathbone and Andres Schipani Socialist Venezuela would never sell out its friends to Wall Street, right? Yet it appears that is exactly what Caracas wants to do. Pressed by the oil price...
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