“God will provide!” So said Nicolas Maduro, Venezuela’s president, last week following his apparently empty-handed return from a trip to China and Saudi Arabia to drum up emergency financial help. Investors did not share Mr Maduro’s faith, marking down the Venezuelan benchmark bond to levels that suggest a surge in default risks. As thousands of people queue outside sparsely-stocked supermarkets in Caracas and inflation runs at about 70 per cent, the oil-rich Latin American country is paying a painful price for years of economic mismanagement.
上周,委內瑞拉總統尼古拉斯?馬杜羅(Nicolas Maduro)在結束前往中國和沙特阿拉伯的緊急求援之行、顯然兩手空空回國之后表示,“上帝會提供的!”(God will provide!)投資者并不認同馬杜羅的信心,委內瑞拉基準債券遭到拋售,其價格降至表明違約風險激增的水平。在加拉加斯,成千上萬的人在貨架空蕩蕩的超市外排隊,通脹率高達70%左右,這個石油資源豐富的拉美國家正為多年的經濟管理不善付出慘痛代價。