Latest editorial
VENEZUELA began a complete restructuring of its foreign debt yesterday in response to US financial sanctions.
In a televised address on Thursday night alongside Vice-President Tareck El Aissami, Mr Maduro announced the refinancing of all foreign debt payments as part of “the struggle against the blockade and financial persecution.”
He said state oil company PDVSA would make a $1.12 billion interest payment on bonds to the JP Morgan bank yesterday, out of an existing debt estimated at $120bn.
Growing instability in the US economy and financial markets could have serious consequences worldwide because of the central role of the US dollar and financial system, argues MICHAEL BURKE
Concessions to Washington by the post-Maduro leadership in Caracas are designed to preserve the core of the Bolivarian Revolution not betray it, argue Roger D Harris, Francisco Dominguez and Mara Paez Victor. How the solidarity movement responds is critical
International solidarity can ensure that Trump and his machine cannot prevail without a level of political and economic cost that he will not want to pay, argues CLAUDIA WEBBE
US baseless accusations of drug trafficking and the outrageous putting of a bounty on a president of a sovereign country do not bode well, reports PABLO MERIGUET