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  2. Economy of Venezuela - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Venezuela

    While the public sector of the economy has fallen 2.8%, the private sector has dropped off 6%. [195] The year 2013 proved to be difficult for Venezuela as shortages of necessities and extreme inflation attacked the nation's economy. Items became so scarce that nearly one quarter of items were not in stock. [196]

  3. Crisis in Venezuela - Wikipedia

    en.wikipedia.org/wiki/Crisis_in_Venezuela

    The technical default period ended 13 November 2017 and Venezuela did not pay coupons on its dollar eurobonds, causing a cross-default on other dollar bonds. A committee consisting of the fifteen largest banks admitted default on state debt obligations which in turn entailed payments on CDS on 30 November.

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