BREAKING: Venezuela’s Interim President Rejects Maduro’s Government and Past Foreign Debts
Venezuela’s interim president has officially refused to recognize Nicolás Maduro’s administration or accept any foreign obligations made under his rule, a dramatic shift with major global implications. �
Binance
This stance could invalidate many previous international agreements, including large loans from countries like China that were often repaid with Venezuelan oil instead of cash. Analysts warn this move might put tens of billions in Chinese oil-for-credit debts at risk as the new leadership seeks to untangle Venezuela’s legacy financial commitments. �
Anadolu Ajansı +1
One of the most striking consequences involves China’s extensive credit arrangements, where oil shipments were used to offset loans — arrangements now thrown into uncertainty by the rejection of past obligations. �
Reuters
This isn’t mere political rhetoric: it could reshape Venezuela’s economic future and unsettle global markets already sensitive to sovereign debt risks and oil-linked financing. �
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