Fitch says Venezuela default is probable

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Fitch says Venezuela default is probable

Oliver West
August 31, 2017 01:00 pm
PDVSA
Flanked by Oil Minister Rafael Ramirez, left, and National Assembly's President Diosdado Cabello, Venezuela's President Nicolas Maduro greets supporters upon his arrival to the National Assembly for his annual state-of-the-nation address in Caracas, Venezuela, Wednesday, Jan. 15, 2014. (AP Photo/Fernando Llano) | Fernando Llano/AP/Press Association Images

Fitch downgraded Venezuela by three notches on Wednesday, saying that the imposition of US government sanctions on the country further reduced its financing options.

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VenezuelaAmericasLatAm BondsEmerging MarketsLatAmLatin America
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Oliver West
US Bureau Chief - Latin America Editor
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