Venezuela owes billions to bondholders this week


A worker counts Venezuelan bolivar notes at a gas station of Venezuelan state oil company PDVSA in Caracas

Venezuela’s state-run oil company Petroleos de Venezuela (PDVSA) owes $985 million on its 2020 bond today (Oct. 27) and $1.2 billion payment on Nov. 2—and investors fear the cash-strapped government doesn’t have enough the funds.