The Hurdles Facing Venezuela as It Seeks to Avoid Default
28 October 2017 | 11:00 am
Venezuela’s state-run oil company said it transferred the funds to make an $842 million principal payment on its bonds due Friday, overcoming the first of many hurdles the country will face in coming days as it seeks to avoid sinking into default.
In this article
Five years ago, it was a party. This time it felt more like a town hall reception after a marriage of reason. Two hours after French voters had handed their now 44-year-old president a second term, Emmanuel Macron's acceptance speech was already over and supporters were set to call it an early night beneath the Eiffel Tower. From abroad, many were asking: how can a 15-point margin turn into a sobering affair?
Four Argentine friends will cycle 10,500 kilometres from South Africa to Qatar to support their country at the World Cup in November, an initiative that will also lead to 10,500 new trees being planted in their homeland.
Russia's ranking on the World Press Freedom Index has fallen again over the Kremlin's wartime censorship of the Ukraine conflict. From Myanmar to Mexico, journalists continue to risk their lives to deliver the news.
Human Rights Watch accuses Russian private security forces invited into Central African Republic of killing civilians. We speak to the daughter of Rwandan opposition figure Paul Rusesabagina. The “Hotel Rwanda” hero's family has filed a $400 million lawsuit against Kigali over alleged kidnapping and torture. And our reporters look into the mixed press freedom rankings for Africa.
The average global temperature could exceed 1.5 degrees Celsius above pre-industrial levels by 2026, UN meteorologists say. The threshold is one that international agreements are trying to prevent.
Ethiopia has agreed a reconstruction and recovery grant with the World Bank, to be used to rebuild basic services in conflict-hit regions of the country.
The World Health Organization will open its annual health assembly, bringing together 194 member states in Geneva. Russia's attacks on healthcare facilities in Ukraine will be center stage during the meeting.
For the first time in its over 50-year history, the annual gathering in the Swiss resort town is taking place against the backdrop of a major war in Europe. But that's not the only thing which sets this year's WEF apart.
The world is not ready for an age in which environmental degradation meets increased armed conflict, suggests a new report from the Stockholm International Peace Research Institute.
Datamellon partners with Amazon world service on the Internet of things (iot) revolution and serverless event-driven architectures.
The world's most ignored displacement crises are in Africa, according to an annual ranking. It's the first time all 10 are on the African continent.
Soldiers of the territorial defence force of Ukraine in Kharkiv cheered on their team on Wednesday night when they played in a World Cup qualification play-off match against Scotland. A very small screen in shelter was enough for the men to enjoy their team's 3-1 triumph at Hampden Park in Glasgow.
5 mins ago
Ursula von der Leyen said Ukraine was making progress toward its goal of EU membership and needed to foster business confidence by appointing top anti-corruption officials.
5 mins ago
VPN software encrypts all the data on your computer. No hacker or government will be able to decipher this encrypted traffic. Your personal information and internet traffic are safe with the use of a VPN.
1 hour ago
Maastricht University has doubled its money thanks to a ransomware attack three years ago. The university plans to help struggling students with its new funds.
1 hour ago
Airlines hoping to cash in on renewed demand are facing labor agitation after firing swathes of workers during the pandemic.
2 hours ago
We report on a growing and dangerous divide between feminism and transgender rights. Annette Young talks to Dr Finn Mackay, the British sociologist and campaigner who believes that it is possible to back both women's and trans rights. Also #MeToo in the world of athletics where we meet one former French athlete who's shining a spotlight on cases of sexual abuse and violence.