News of foreign debt

Venezuela calls in oil debt it once traded away for literal beans

26-02-2024 10:56 Impoverished and desperate for cash, Venezuela is trying to collect old debts from the Petrocaribe oil exchange programme.

TRADE WOES

Record trading debt: SMEs at risk of default

23-09-2023 05:13 Import debt has reached US$38 billion. Argentina’s small and medium-sized businesses (SMEs or PyMEs) face an increasing number of difficulties in paying suppliers due to restrictions to access the foreign exchange market.

by Ludmila Di Grande

DEBT RESTRUCTURING

Argentina inks Paris Club debt agreements with three more nations

28-06-2023 12:12 Argentina signs three new accords to finalise restructuring of near-US$2-billion Paris Club debt; Agreements now inked with 15 out of 16 member nations, Japan only remaining holdout.