logo
The Fight Over Venezuela's Most Valuable Asset Is Heating Up

The Fight Over Venezuela's Most Valuable Asset Is Heating Up

Bloomberga day ago
Welcome to The Brink. I'm Nicolle Yapur, a reporter in Bogota, where I'm following the auction for PDVSA's most valuable foreign asset. We also have news on the second-quarter's surge in defaults led by distressed private equity-backed firms bought with floating-rate loans before the Fed's hiking cycle began. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM.
A legal fight over a unique bond issued by Venezuela 's state-owned oil company is heating up.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The ABC News host took the administration to task for the president's firing of his stats boss.
The ABC News host took the administration to task for the president's firing of his stats boss.

Yahoo

time2 hours ago

  • Yahoo

The ABC News host took the administration to task for the president's firing of his stats boss.

ABC News host George Stephanopoulos says President Donald Trump's administration resembles the authoritarian regimes in Venezuela and Turkey after the president fired the head of the Bureau of Labor Statistics. On Friday, the president fired BLS Commissioner Erika McEntarfer after the agency released its July jobs report showing that the economy added a mere 73,000 jobs last month—far fewer than the 109,000 jobs the White House forecasted. Trump claimed BLS had 'RIGGED' the numbers 'to make the Republicans, and ME, look bad.' 'Suppressing statisticians is a time-honored tool for leaders trying to solidify their power and stifle dissent,' Stephanopoulos said on Sunday's edition of This Week. 'It's happened throughout history. Most recently in Venezuela and Turkey, where presidents punished officials and economists who do not tow the party line.'

BMW CEO: iX3 Electric SUV Will Be Industry ‘Benchmark'
BMW CEO: iX3 Electric SUV Will Be Industry ‘Benchmark'

Bloomberg

time2 hours ago

  • Bloomberg

BMW CEO: iX3 Electric SUV Will Be Industry ‘Benchmark'

BMW Chief Executive Officer Oliver Zipse discusses the new all-eclectic SUV called the iX3. "This will be the benchmark of the industry," he tells Bloomberg's Tom Mackenzie. The sport utility vehicle will be the first of 40 new or updated models that share software, high-performance computers and different design cues. Zipse also comments on how much market share he expects the automaker to take from competitors such as Tesla. (Source: Bloomberg)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store