Volkswagen bosses' offices raided - Venezuela partially defaults on its debt
Young women who flee Venezuela's ongoing economic and humanitarian crisis for a better life in Europe are vulnerable to human traffickers. A raid this week by authorities in Barcelona has exposed a growing problem.
US President Donald Trump's threat to impose taxes on European cars has sent shivers through the German auto sector. Analysts and politicians warn that the move could backfire on the US car industry, and even help China.
Italy's banks struggle with bad loans and the state itself is saddled with massive debt — but the voters don't seem to care, and the finance minister is demonstratively relaxed about it all.
Ahead of a key meeting with creditors in Caracas about $60 billion of debts, the president has insisted Venezuela will never default on its debt. Meanwhile, the EU has moved to impose sanctions including an arms embargo.
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