Venezuelan bonds rallied as the government said it will ease exchange controls and get as much as $7 billion in financing from China and Russia as it attempts to damp three-week-old protests that are expected to continue.
Venezuela’s government said it will relax exchange controls imposed over the past decade as it attempts to ease shortages of basic goods and damp deadly protests over the rising cost of living. Bonds rallied.
El Salvador Vice President Salvador Sanchez Ceren is favored to win the presidency this weekend amid a spike in gang violence and investor concerns about the government’s embrace of Venezuela’s socialist government.
The death toll from more than three weeks of protests in Venezuela rose to 19 as opposition and government supporters held rival marches and the Organization of American States hosted a closed-door meeting on the crisis.
On an otherwise unremarkable day in February, a young giraffe named Marius was shot in the head by one of his caretakers at the Copenhagen Zoo. As visitors watched, he was dismembered and fed to lions.