What's going on with Venezuela? And can we use it to talk about Blue Bonds?

Venezuela has been in and out of the news. A potential forced sale of CITGO. Random creditor attempts to attach Florida assets. And a recent piece in the Financial Times about widespread environmental destruction, which requires capital (ideally in connection with a debt restructuring) to reverse. Sounds like time for another Venezuela episode. But this time, maybe with some Belize mixed in, since Belize's recent restructuring made funds available for the environment and might (to optimists, anyway) be a template for other countries. We talk with Steven Bodzin, deputy editor and Andean region reporter, and Carla Dager, ESG global lead, for REDD Intelligence, a news and information firm focusing on distressed debt and restructuring. Steven and Carla share their deep knowledge of the two countries and help us figure out what to make of recent developments.

Producer: Leanna Doty