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Topic: Venezuelan debt bonds
soar in world markets |
Venezuelan debt bonds
soar in world markets
El Universal [Caracas, Venezuela], by Staff
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Original Article
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Posted By:PageTurner, 12/10/2012 7:19:17 PM
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| Venezuelan debt bonds surged on Monday in global markets following the news given last Saturday by President Hugo Chávez of a new surgery in Havana, according to financial sources. At midday, the value of securities had rebounded from three to five points, on average. Global bonds, such as those of state-run oil company Petróleos de Venezuela (Pdvsa), had been on the rise in the morning. The notes performance is linked with the president´s choice of his Vice-President and Foreign Minister Nicolás Maduro as his successor if unable to take on a new term in office beginning on January 10, 2013.
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Comments:
The bond market isn´t subtle.
Short item.
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Reply 1 - Posted by:
jond, 12/10/2012 7:40:39 PM (No. 9058570)
They know Maduro to be less bad than Chavez?
Damning with faint praise.
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