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Venezuela pre- elections remains tense. Two of three parties that nominated Manuel Rosales have now switched to Edmundo Gonzalez and allowed to make change. FV Was expected make same change. Will be interested to see who the observers to election will be
Rothschild has quite a job ahead in analyzing Venny debt obligations. One of most complicated analysis in debt restructuring history due to variety of issues and judicial claims and diverse liabilities
Venezuela looks to use crypto for oil sales as sanctions return fro the US. Using Tether, PDVSA is seeking to hasten the use of digital currency for oil export transactions to avoid having revenues from oil sales frozen in foreign bank accounts, per Reuters.
Buying of Venny debt rises a bit after Appointment of Rothschild appointed as advisor to provide overview of foreign debt.Does this mean restructuring in the wind or just get a handle on things? And accumulated interest?