November 23, 2016

Venezuela Mulls Suing JP Morgan over De Facto Economic Blockade

The U.S. investment bank claimed that Venezuela's state oil company missed debt payments. The country hasn't missed payments since 2002. 

Venezuela may take legal action against U.S. investment bank J.P. Morgan Chase & Co. after the financial institution accused the South American country’s state oil corporation of being behind in bond payments — an allegation the company denies. Read more.


Venezuela's PDVSA says made bond payments despite delay talk - Reuters
- Venezuela’s PdVSA Misses $404 Million Payments on Bonds - WSJ

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