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When this eventually falls apart which superpower is going to own the country? USA, China or Russia? Who has the most influence here?
by swarnie_ 9y ago
When this eventually falls apart which superpower is going to own the country? USA, China or Russia?
Who has the most influence here?
- JBReefer 9y agoRussia is not a superpower, they just think they are. They'll probably be put back together by Colombia, who's in pretty good shape these days. The US will probably see another batch of very conservative Hispanics like we saw with Cuba. The Venezuelans I've met lately don't exactly love socialism.
- roymurdock 9y agoWhoever owns the most Venezuelan debt: Q. Who are the major holders of Venezuela and PDVSA bonds? A. These securities are popular among funds that invest in emerging market bonds. Their high yields - which are close to 10 times higher than those of neighboring Colombia - help increase the overall profitability of the portfolios. Institutional investors with big holdings include T Rowe Price Associates Inc (TROW.O), Ashmore Investment Management Ltd (AGOL.L), and BlackRock Investment Management Ltd (BLK.N). Q. What would be the consequences for Venezuela of default? A. Creditors could seek to seize assets Venezuela owns in other countries, including refineries such as those operated by PDVSA’s U.S. refining and marketing subsidiary Citgo. Article also discusses role of chinese and russian financing https://uk.reuters.com/article/us-venezuela-bonds-q-a/implications-of-venezuelas-proposed-foreign-debt-restructuring-idUKKBN1D3250 https://uk.reuters.com/article/us-venezuela-bonds-q-a/implic...