Has a secret this is counting the cost on aljazeera your weekly look at the world of business and economics this week venezuela in default as the oil rich country fails to pay its debt well look at what happens next and what it means for its people. Also this week call it in the middle of a big test saudi iran rivalry lebanons economy getting squeezed why that matters for the region. A military intervention in zimbabwe but will anything really change for the countrys ailing economy. So Oil Rich Venezuela always pays its debts even at the expense of its citizens thats been the mantra for so long in this latin American Country that lenders have just kept lending but this week everything changed venezuela is now officially in default for the first time its past the grace period to pay up on two government bonds and one bond issued by the state owned oil company now as more payments are due it is facing what could be a messy financial unraveling and that spells bad news for a starving popu
Mountains To Climb | The Reporter | Latest Ethiopian News Today
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IMF Delays Hold Up Ethiopia s Debt Talks | The Reporter | Latest Ethiopian News Today
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