Dollar Stock Club

Explainer-Venezuela’s billions in distressed debt: Who is in line to collect?

By Rodrigo Campos and Karin Strohecker NEW YORK/LONDON, Jan 4 (Reuters) – The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis – one of the world’s largest unresolved sovereign defaults – into the limelight.  Following years of economic crisis and U.S. sanctions that severed the country from international capital markets, Venezuela defaulted in…

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Venezuela’s interim president seeks US cooperation after Trump says further strike possible

Jan 5 (Reuters) – Venezuela’s acting president on Sunday offered to collaborate with the United States on an agenda focused on “shared development”, striking a conciliatory tone for the first time since U.S. forces captured the oil-rich nation’s president, Nicolas Maduro. In a statement posted on social media, Acting President Delcy Rodriguez said her government…

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Greek manufacturing growth picks up in December despite supply chain woes, PMI shows

ATHENS, Jan 2 (Reuters) – Greece’s manufacturing sector saw an improvement in December as new orders rose at a faster pace, although supply chain disruptions slowed output growth, S&P Global reported on Thursday. The S&P Global Greece Manufacturing Purchasing Managers’ Index (PMI) climbed to 52.9 in December from 52.7 in November. PMI readings above 50.0…

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