After nearly a decade of default, Venezuela has announced a process of “comprehensive” debt restructuring, according to O Globo. The announcement, made by President Delcy Rodríguez, signals an attempt to re-engage with international creditors after years of economic isolation, hyperinflation, and sanctions. Details of the restructuring plan remain thin, but the move is being watched closely by bondholders and geopolitical analysts alike.
Venezuela Announces ‘Comprehensive’ Debt Restructuring
