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News24.com | Venezuela: What happens in a default?

News24 Friday, 10 November 2017 ()
Venezuela, locked in a deep economic crisis, is rapidly approaching a default on external debt estimated at some $150bn.
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Source: Bloomberg Global Business - < > Embed
News video: Venezuela in Default After Missing Debt Payments

Venezuela in Default After Missing Debt Payments 02:55

Nov.14 -- Venezuela and its state oil company are now officially in default. It changes nothing for bondholders. Bloomberg's Katia Porzecanski explains on "Bloomberg Markets."

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