TWITTER INC / 2 posts found

Venezuela’s 30 Minutes of Debt Talks Leave Bondholders Guessing

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Venezuela’s much-vaunted restructuring meeting with bondholders concluded after about 30 minutes with little insight for investors who made the trek to Caracas. Vice President Tareck El Aissami, the only government official to speak, devoted most of his remarks to railing against Donald Trump and global financiers who he said have conspired to keep the country from making debt payments on time. He pledged Venezuela would continue to honor its obligations while working to form committees with bondholders to figure out the next steps. He offered no specific proposals for restructuring, according to people who attended the meeting, which wasn’t open […]

For Catalans, the Question Is Compliance or Defiance to Madrid

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Normal weekend routines like shopping, soccer and strolling prevailed in Catalonia even as the first test of Spanish Prime Minister Mariano Rajoy’s decision to take over the breakaway region approached, with Catalans weighing compliance versus defiance. When schools and government offices open Monday, teachers and civil servants will decide whether to follow the ousted Catalan leaders’ calls to resist their Spanish masters or acquiesce to the new reality. A smooth transition in the Catalan police force, with the new chief accepting Madrid’s rule, marked an initial success for Rajoy. "The more moderate and pragmatic elements probably realize they’re not going to […]
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