Episode Details

Venezuela initiates a significant debt restructuring, aiming to address over $150 billion in defaults. Central Bank interim president Luis Pérez views this as a turning point, potentially restoring ties with the IMF and World Bank. A Venezuelan delegation is set to visit Washington, with the IMF prepared to provide $5 billion in aid. Pérez predicts an 8% GDP growth this year, with inflation expected to decrease to single digits. US relations are improving, with ongoing Treasury discussions and a new license allowing the Central Bank to manage international transactions.

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