The
#SummitForDemocracy
was a premier opportunity to discuss the key factors shaping the future of democracy.
We raised awareness about the increasing economic exclusion that millions of people and enterprises are facing as a result of misguided financial regulations.
#Venezuela
Seeks to Restructure $154 Billion in defaulted debt.
Central to this challenge is the intricate web of creditors, spanning from Wall Street to Russia, as well as Venezuela’s isolation from the dollar-based financial markets, given years of US and EU sanctions.
EU institutions must address the issue of
#FinancialExclusion
.
We emphasized this issue in our latest policy proposal to the European Commission.
Europe's latest AML proposal exacerbates this problem. It lacks provisions to protect the financial access of people and businesses.
According to the
@WorldBank
, the economies of
#Russia
,
#Iran
, and
#Belarus
will experience economic growth of around 3.5 percent this year.
This illustrates the need to rethink the way the international community applies and adjusts sanctions and other economic restrictions.
We just arrived in Denmark to participate in this year’s Copenhagen Democracy Summit.
Each year, the CDS brings together pro-democracy policymakers and activists from all over the world. We will discuss pressing issues ranging from geopolitics to the effects of artificial
Dr. Philip Lane,
@ecb
Board Member, provided two insightful comments about the monetary policy of the ECB:
I’m an interview with
@elconfidencial
, Dr. Lane highlighted that while the European Central Bank (ECB) aims to set interest rates to ensure inflation returns to target, it
We want to thank the
#SummitForDemocracy
for partnering with us, enabling us to organize a session at the summit about youth in policy.
Democratic governments have to continue working together to safeguard global democracy from its threats.
Investor sentiment remains cautious, reflected in Venezuela's bonds trading at discounted rates.
At the moment, government securities are trading at around 20 cents on the dollar, while PDVSA’s securities are at 12 cents on the dollar.
To perform this task, the Maduro government hired the consulting firm Rothschild & Co., according to
@business
.
According to experts, this would be the most complex debt restructuring case since Iraq after the 2003 invasion.