Venezuela default consensus growing as oil bites

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Venezuela default consensus growing as oil bites

Oliver West
January 21, 2016 10:15 PM
Nicolas Maduro
Venezuela's President Nicolas Maduro holds up a small copy on the constitution during a meeting with leaders of the opposition at Miraflores presidential palace in Caracas, Venezuela, Thursday, April 10, 2014. Maduro's opponents blame his government for destroying the oil-rich economy and stamping out dissent. Meanwhile Maduro claims he's the target of U.S.-backed coup attempt. (AP Photo/Fernando Llano) | Fernando Llano/AP/Press Association Images

Consensus is growing among investors and analysts that default is inevitable for Venezuela, as oil hits lows not seen in more than a decade.

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Oliver West
US Bureau Chief - Latin America Editor
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