This report examines the current political and economic climate in Brazil, which is in the midst of severe economic and political crises that are closely intertwined and unlikely to be resolved quickly.
This report discusses the economic crisis in Venezuela including its origins of the crisis and current attempts at debt restructuring by the Venezuelan government. The report also outlines U.S. interests in the Venezuelan economy and trade, the outlook for U.S. holders of Venezuelan oil company bonds, ownership of CITGO (the biggest shareholder is the Venezuelan state-oil company), and the prospects of U.S. support of economic recovery in the future.
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