Venezuela carries the burden of PDVSA's sovereign debt default, with its risk benchmarked against U.S. Treasury bonds and compared to Argentina's debt market.

The entities involved

• Venezuela →

  Country in Latin America

  • The Organization of American States (OAS) is currently gathering to address and resolve political crises in several member states, including Haiti, Venezuela, Guatemala, and Nicaragua.Mon 13:11
  • Fundraising supports aid work in Venezuela.Mon 11:26
• PDVSA →

  Venezuelan government-owned oil company

  • PDVSA, Venezuela's state oil company, signed a crude and gas agreement with Repsol to regain operational control of assets in Lake Maracaibo.Mon 04:49
  • The United States claims a 20 percent stake in Venezuelan oil reserves, which are managed by PDVSA.Sun 00:37
• Argentina →

  country in South America

  • Slipknot's tour schedule includes performances across several Latin American countries, including Chile, Colombia, Argentina, and Brazil.Mon 16:03
  • Argentina disputes Falklands territorial claims while RAF reinforces allies in the Middle East and bolsters Falklands protection.Mon 13:36

Related events

• High country risk is limiting Argentina's sovereign borrowing capacity.Sat 10:52
• A dialogue was held concerning macroeconomic prospects and policy priorities involving Venezuela, the IMF, and the Central Bank.Jul 30
• PDVSA operates within the Venezuelan state structure.Jun 18
• Venezuela presented its sovereign debt and economic stabilization issues to the UN General Assembly, involving Donald Trump and María Corina Machado.Thu 02:59
• Orlen sought to buy Venezuelan oil despite sanctions.Sep 17