Wall Street Journal news report on Venezuela's economic problems --
Venezuela Finance Minister Rodolfo Marco is in China this week seeking loans from the Asian country, which has already extended the South American nation nearly $50 billion in credit since 2007. Mr. Marco will next head to allied Iran and Russia also in search of financing, Mr. Maduro [President] added.
So the country's big plan to deal with economic mismanagement and falling oil prices is to look for loans from countries with ... economic mismanagement and falling oil prices.
Venezuela Finance Minister Rodolfo Marco is in China this week seeking loans from the Asian country, which has already extended the South American nation nearly $50 billion in credit since 2007. Mr. Marco will next head to allied Iran and Russia also in search of financing, Mr. Maduro [President] added.
So the country's big plan to deal with economic mismanagement and falling oil prices is to look for loans from countries with ... economic mismanagement and falling oil prices.