Venezuela Is On The Brink Of Economic Collapse And Bankruptcy

Wednesday, 24 December 2014





Sliding Oil Prices Leave Socialist Venezuela On Brink Of Financial Collapse -- Washington Times



President Nicolas Maduro under international pressure for jailing opposition figures



The ongoing plunge in global oil prices is pushing Venezuela toward economic collapse just as President Nicolas Maduro — the hand-picked successor to the late socialist Hugo Chavez — faces mounting international criticism for jailing opposition figures after months of street protests.



Where Chavez once drew praise from the world’s leftist elite for using the high price of crude oil during the 2000s to underwrite a socialist revolution, a growing number of analysts in Washington say Mr. Maduro is clinging to power in a country on the edge of becoming a failed state.



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More News On Reports That Venezuela Is On The Brink Of Economic Collapse And Bankruptcy



Low Oil Prices Pushing Venezuela Towards Default -- OilPrice.com

Oil Shakes Venezuelan Debt to Its Foundations -- WSJ

Venezuela currency controls make Scotch cheap as milk, syringes go short -- Reuters

Venezuela Default Expected Next Year as Oil Tumbles, SocGen Says -- Bloomberg Businessweek

Venezuela's Maduro: Funds for FY2015 are "secured" -- El Universal

Venezuela's int'l reserves down to USD 21.6 billion -- El Universal

Fitch slashes Venezuela rating to pre-default level -- RT

The Markets Are Predicting a Venezuelan Default -- Macro Insider

Opinion: Venezuela squandered oil riches, now faces default -- Christopher Sabatini, CNN

How Serious Are Venezuela's Economic Problems? -- Nathaniel Parish Flannery, Forbes

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