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A junior banker respects their MD, but cannot live with his disorganisation. Can things ever improve?
Solutions exist but political will is necessary
It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
Oil reforms are needed for debt repayment to restart, but will be difficult to accomplish
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Few 2023 bondholders will sell sub-par if they expect repayment at maturity
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As fears over sovereign defaults grow, Naftogaz's failure to pay on a bond is a lesson for investors
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Two state-owned issuers will offer investors similar terms to the sovereign, unlike Naftogaz
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The Swiss outfit's investment bank has finally reached a point of reckoning after replacing its group CEO
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Government plans to repurchase two short dated bonds at 'market prices'
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The sovereign has so far received little push-back in its debt relief discussions with investors