Venezuela’s PDVSA declared in default

NEW YORK:

The setback for the oil- rich food and medicine.

-

A committee of the Interna - sociation examined three missed - -

Committee for the Americas, -

The committee said “more detailed a n a l ys i s w i l l be forthcoming.”

- no signs of being resolved in

Debt restructuring?

government called creditors to

The government signed a 10 -

in foreign reserves and needs to end of the year, and another $8 billion in 2018.

main creditors and allies of estimated $ 8 billion and $ 28

bondholders are North American,

- - tion to determine the settlement

Assets in US

- by Argentina for an oil embargo.

- ington, which has labeled the -

for over a decade after its 2002 assets in the US at risk of sei Citgo with its three refineries,

those earnings have been falling