Will the government of Venezuela or Petroleos de Venezuela S. A. (PDVSA) default on their foreign-currency debt before 1 March 2016?
Plummeting oil prices are threatening the country's main source of revenue, and runaway inflation is making it difficult for Venezuela and its state-owned oil and gas company to service its foreign debt (Financial Times, Bloomberg 1, Bloomberg 2). Recommended Questions Will Turkey impose capital controls before 1 December 2016? Will Russia conduct a naval exercise in the Western Hemisphere with a Central or South American country before 1 July 2016? Will the government of Colombia and the FARC sign a final peace agreement before 1 May 2016?