Contributed by NAMPA / AFP.
Venezuela seeks breathing space from debt crisis in Moscow
Moscow, Nov 15, 2017 (AFP) - Venezuela is set on Wednesday to sign a debt restructuring deal with Russia, one of its main creditors and a strategic ally during a crisis that has seen Caracas declared in partial default.
The country is seeking to restructure its foreign debts, estimated at around $150 billion, after it was hit hard by tumbling petrol prices and American sanctions.
Moscow and Caracas have been negotiating for months ...