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Venezuela in selective default, says credit ratings agency

BBC News Tuesday, 14 November 2017 ()
Venezuela in selective default, says credit ratings agencyRatings agency Standard & Poor's says Venezuela failed to make $200m in payments on its bonds.
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News video: Chocolate fails to sweeten Venezuelan debt default

Chocolate fails to sweeten Venezuelan debt default 01:45

S&P Global Ratings has declared Venezuela in selective default after it failed to make coupon payments on bonds due in 2019 and 2024 within a 30-day grace period. As Silvia Antonioli reports, it warned there was a strong chance the South American country would miss further payments within three...

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