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As its political leaders bicker, investors are having nightmares about its defaulting on its sovereign debt.
Will Venezuela become a no-fly country if it defaults on its airline debt?
It would also seek to protect the development should MGM Mirage, its developer, default on its own debt, which would set off a cross-default on the CityCenter loan.
It defaulted on loans.
On Wednesday the island seems certain to default on one of its many debts.
Choose "Boot" and click on the "Set as default" button to change its default.
Nostalgia is its default mode.
The United States will probably default on its debt one day.
It unilaterally decided to default on its debt.
Even then, the organisation relies on its members to enforce regulations.
Investors also doubt whether credit-default swaps really work when it comes to enforcing claims on governments: when Greece restructured its debts in March, for instance, many months of back-room haggling ensued before the CDSs finally paid out.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com