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S&P says Venezuela has defaulted on its debt (AP)

Catholic Culture Wednesday, 15 November 2017
L’Osservatore Romano (11/15 Italian ed.) devoted front-page coverage to this story.
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News video: Venezuela gets debt breather, for now

▶ Venezuela gets debt breather, for now 01:50

Venezuela wins easier debt terms from Russia and gets a vote of confidence from China, as the oil-rich country says it has starting making interest payments on bonds after a delay that had threatened to trigger a default. David Pollard reports.

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May.18 -- Richard Francis, director of Latin American sovereigns at Fitch Ratings, discusses the outlook for Venezuela following Sunday's presidential election. He speaks with Bloomberg's Shery Ahn and..
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