Investors See Venezuelan Debt Default Likelihood High

Investors See Venezuelan Debt Default Likelihood High

Investors considered Venezuela as one of the future powers of the world. Its economy peaked in the late 1970s following an oil-driven gold rush fueled by international investors. What followed were decades of oil gluts, shortages of food and healthcare, continuous political turmoil, and debt defaults. Unfortunately, the failing country‚Äôs future tells a frighteningly similar story. Venezuela, once a rising powerhouse, is a country in […]

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