Venezuela is now under fire from its creditors. The Russian Finance Minister has told reporters that Venezuela is having trouble paying its multi-billion dollar debt to Moscow. It's the latest sign of the chronic instability plaguing the nation.
The EU has called on Nicolas Maduro's government to hold "free, transparent and credible elections" on May 20. Venezuela's opposition coalition says it will boycott the vote if they are not free and fair.
The US president is staying home from what would have been his first visit to Latin America and a chance to ease foreign leaders' policy concerns. Donald Trump's message: The region is not a priority for the US.
International Monetary Fund (IMF) Managing Director Christine Lagarde believes China's "Belt and Road" is a good idea, but she also warned about saddling countries involved in the project with too much debt.
The absences mark the first time that presidents from Venezuela and the US will not attend the OAS-sponsored summit. Nicolas Maduro's cancellation was a result of Peru's announcement that he was not welcome at the event.
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