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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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Fitch loses pessimism as policy continuity expected post-election
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Sanctions on Abramovich lead to share suspension, then board exit
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Gazprom and Rosneft paid in dollars, but uncertainty clouds next batch of Russian coupon payments
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An issuer could be viewed as in default even if investors agree to a rouble payment, said one agency
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S&P was the last of the big three to confirm that it is quitting Russia