Economics
Venezuela Seen Staving Off Default Again Even as Crisis Worsens
- PDVSA to pay $4.1 billion due by year-end, Aberdeen says
- Goldman Sachs says country has now fallen into a ‘depression’
This article is for subscribers only.
Even as Venezuela’s economic collapse deepens, the nation has a good chance of getting through another year without defaulting on its bonds.
That’s the conclusion of money managers including Aberdeen Asset Management and Wall Street banks like JPMorgan Chase & Co.