06-25-26 victor
Expertos de la ONU piden a Venezuela que «desbloquee de inmediato» el acceso a redes sociales por los terremotos
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06-25-26 panasonic
| Vic, yes given the poor conditions of infrastructure and lack of capacity to respond, it could fall into chaos pretty fast. |
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06-25-26 victor
pana, sorry.
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Según el Servicio Geológico de Estados Unidos (USGS), un terremoto de magnitud 7,2 sacudió la zona situada a unos 160 km al oeste de Caracas, y menos de un minuto después se produjo otro de magnitud 7,5. “Es probable que haya un elevado número de víctimas y daños extensos, y es probable que el desastre sea de gran alcance”, afirmó el USGS, con una estimación inicial del número de fallecidos que podría situarse entre 10.000 y 100.000. |
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06-25-26 panasonic
Leo, tks.
Infrastructure already was in very poor conditions, damage is considerable, we all hope casualties number stays low. |
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06-25-26 victor
"and there is not to much damage and casualities."
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Al menos 164 muertos y casi mil heridos tras dos potentes terremotos en Venezuela |
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06-25-26 leopardo
Sorry for that Pana.
I hope Vnz can recover quickly and there is not to much damage and casualities. |
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06-24-26 panasonic
| Strong earthquake in Vzla |
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06-24-26 panasonic
"Delcy would like to end debt restructuring in 2026"
Leo, between lines, Rubio needs to tap the markets asap.
I agree on the view that Sov./Pdvsa debt should be restructured on this year (pdvsa's case even more simple).
Others must go thru audit and lengthy negotiations, most probably debt is with ghost companies created by friends and family of the regime. |
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06-24-26 carib
JEFF First reactions to FT story:
1. There is no breakdown of the debt figures, so we can’t see how they got there, but it sounds like they purposely produced a very aggressive estimate to set expectations about what’s to come. I use the word ‘estimate’ deliberately, since arriving at an actual figure without a proper, transparent audit is simply not possible.
2. They must incorporate domestic bolivar-denominated obligations, many still unrecognized or even past the statute of limitations, and highly sensitive to the FX rate used to convert them into dollars (on one of my visits, my hotel bill was US$1k/night or US$10/night depending on the rate used).
3. Even if the number proves real, many categories won’t be treated the same in a restructuring.
4. It’s odd the figures aren’t coming from official sources, though it probably won’t take long for official sources to start reflecting these numbers.
5. As much as they overestimate debt figures, at US$100 billion they are underestimating dollar GDP. That would put Venezuela’s GDP per capita a lot closer to Haiti than Ecuador. Another vehicle to set expectations for high haircuts.
6. The article mentions intentions to restructure by year end, but in reality the US government holds the key to making that happen. Without lifting key sanctions, a restructuring, or even direct negotiations between the government and bondholders toward one, cannot happen.
7. Markets may not react well to the story, but my guess is they’ll continue to focus on the ~US$175 billion estimate and treat the rest as claims with uncertain recovery values until proven otherwise. |
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06-24-26 spal
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06-24-26 leopardo
| Delcy would like to end debt restructuring in 2026...it seems tight to me...we shall see |
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06-24-26 spal
| MASS manufactures handheld, point-of-need mass spectrometers and chemical analyzers (like the MX908 and VipIR). Historically, mass spectrometry required a multi-million-dollar laboratory footprint and a PhD to run. MASS has shrunk that technology into a rugged, battery-powered device used by elite military units, border customs, and local first responders to instantly identify fentanyl, chemical weapons, and toxic carcinogens in the field. |
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06-24-26 spal
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06-24-26 carib
How much does Cuba owe Venezuela?
I suggest to pay Russia with cuban credits..
;-) |
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06-24-26 leopardo
| Expected to be around 170\180 bln. |
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06-24-26 carib
| Panas: true. Samsung up 10% in Korea again. |
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06-24-26 leopardo
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06-24-26 leopardo
| Venezuela Debt said to be around 240 Billions. |
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06-24-26 panasonic
Pilly, I know very little but two things me would count on:
1) AI is here to stay, cost of compute will drop and expected profit margins won't hold.
2) Meanwhile, massive liquidity has no place to go, so we'll see strong bounce backs till music stops. |
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