Venezuela sovereign edges lower amid PDVSA ban

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Venezuela sovereign edges lower amid PDVSA ban

Juan Guaidó, Venezuela, Nicolas Maduro, LatAm
dpatop - 23 January 2019, Venezuela, Caracas: Juan Guaido, the head of Venezuela's opposition-dominated National Assembly, declares himself interim president at a rally against Nicolas Maduro. Guaido called on all supporters "not to rest" until the country has attained freedom. President Maduro was sworn in two weeks ago for his second term in office. Photo: Rafael Hernandez/dpa | Rafael Hernandez/Rafael Hernandez/dpa

Following confusion over the effect US sanctions against Venezuelan state oil company PDVSA could have on US bondholders, the final picture is growing clearer and the unfurling scene is not a pretty one.

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