69-09-19 Latin American Economy & Business Report
Economy & Business Report
FDI up, but uneven
The latest political crisis in Venezuela, in which the Supreme Court of Justice (TSJ) officially took over the functions of the opposition-controlled National Assembly (AN), only to shed these extra powers in the face of an intense domestic and international backlash, has been driven primarily by economic concerns. Some US$2.2bn in bond debt repayments fall due on 12 April, with renewed concerns about the government’s capacity to make the payment.
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