Thursday, November 16, 2017

Venezuela just defaulted, moving deeper into crisis - Nov. 14, 2017

Venezuela just defaulted, moving deeper into crisis - Nov. 14, 2017:
Image result for flickr commons images Venezuela
"Venezuela, a nation spiraling into a humanitarian crisis, has missed a debt payment. It could soon face grim consequences.
The South American country defaulted on its debt, according to a statement issued Monday night by S&P Global Ratings. The agency said the 30-day grace period had expired for a payment that was due in October.
A debt default risks setting off a dangerous series of events that could exacerbate Venezuela's food and medical shortages."


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