Venezuela’s state oil giant has made good on two missed debt payments and has approved funds for a critical $984 million payment due on Friday, Ecoanalitica reported
Bond prices jumped on the report, analysts said. Venezuela has missed nearly $600 million in interest payments this month and faces another major bond deadline on Nov. 2. Source CNBC
The US State Department on Tuesday called on Turkish authorities to cease immediately any “unlawful activities” in Cyprus’ territorial sea and remove its drillship, Yavuz. Source Ekathimerini
Taiwan’s export orders may have fallen 5.9% year on year in July, according to a survey, widening from June’s 4.5% decline. Source: Reuters
The Bundesbank has warned that a slump in the German economy could have continued over the summer. It cited the US-China trade war as one factor weighing on German exports. Source Deutsche Welle
