Venezuela's bond payment to drugmakers sign of worsening economic depression
The depressed bonds that Venezuela just paid to global pharmaceuticals is another symptom that its economic malaise is becoming worse.
Tags: OPEC
Chesapeake Energy denied plans of filing for bankruptcy despite its huge amount of debts via master-limited partnerships with pipeline companies including Williams and Kinder Morgan. Chesapeake is weighing its options amid slow growth.
Global powers on Sunday backed the formation of a national unity government in Libya, pledging economic and security support to help stabilize the chaotic North African country where Islamic State militants have a foothold.
Kurdish peshmerga forces backed by U.S. air strikes seized the Iraqi town of Sinjar from Islamic State on Friday, a Reuters witness said, in one of the most significant counter-attacks since the militants swept through the north last year.
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