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It can be difficult to separate the important from unimportant on any given day.
Reflections mean to do exactly that — by thinking about what happened today, we can consider what might happen tomorrow. To avoid default, state oil and gas company Petroleos de Venezuela (PDVSA) must make billion in foreign debt payments over the next two months, and the government is scrambling to find the cash to do so.
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If it misses its debt payments, PDVSA could find its lines of credit even more restricted and make some service companies wary of doing business with it.
What was the recent Supreme Court ruling in Venezuela and why is it significant?