News: 2014-02-13

Latin America
Venezuela alcanza la inflación más alta del mundo | Economía | EL PAÍS
Inflation in Venezuela was 3.3% on a monthly basis, bringing year's price rise to 56.2%, the highest in the world
For Venezuela, Bond Payments Create a Bind - WSJ.com
Remember that Russia defaulted on domestic debt in order to pay foreign currency obligations in 1998. "The oil-rich country pays its overseas bondholders right on time. But the cash-strapped government is in hock to the tune of $50 billion to the private companies that service its economy. They range from oil contractors and airlines to supermarkets that need dollars to import everything from flour to toilet paper."
Venezuela lurches deeper into crisis | beyondbrics
Apache to Sell Argentina Operations to YPF for $800 Million - WSJ.com
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