All about Debt

UTS1
By Edition On Friday, September 14th, 2018
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Payment arrangement for UTS debt to government

WILLEMSTAD - The telecommunication company UTS has made a payment arrangement with the government regarding the money owed. This was announced by the Minister of Finance Kenneth Gijsbertha during the weekly press More...

Lance_Conoco
By Edition On Wednesday, September 5th, 2018
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Conoco waiting for Venezuela to pay US$2 billion settlement: CEO

U.S. oil producer ConocoPhillips is still awaiting payment from Venezuela on a US$2 billion arbitration settlement reached last month with the South American nation, Chief Executive Ryan Lance said on Wednesday. HOUSTON More...

inselair
By Edition On Friday, June 15th, 2018
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Delegation to Venezuela to talk about debt to InselAir

WILLEMSTAD, CARACAS - Minister of Finance Kenneth Gijsberta traveled with a delegation to Venezuela this week. The delegation is going to talk about the money that the South American country owes to the local aviation More...

oil refinery
By Edition On Monday, May 14th, 2018
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Curaçao pressing PdVSA to pay debt, restart refinery

WILLEMSTAD - Curaçao is scrambling to persuade Venezuela’s state-owned PDVSASA to settle a 2 billion dollar arbitration dispute with US independent ConocoPhillips to restart the Isla refinery that has been halted More...

Chinese President Xi Jinping Meets Venezuela's President Nicolas Maduro
By Edition On Monday, April 30th, 2018
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Venezuela faces heavy bill as grace period lapses on China loans

CARACAS, BEIJING - A grace period on Chinese loans to Venezuela has lapsed, according to two Venezuelan sources with knowledge of the matter, potentially depriving the cash-strapped OPEC nation of billions of More...

Marilyn-Alcala-Walle
By Edition On Monday, March 12th, 2018
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Minister of Education: “Student loan debt Curaçao students is worrisome”

WILLEMSTAD - Curaçao students have a worryingly high student loan debt. According to Minister Marilyn Alcalá-Wallé of Education, Science, Culture and Sport, this debt currently amounts to 300 million guilders More...

Caracas
By Edition On Wednesday, November 8th, 2017
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Russia agrees to restructure Venezuela’s $3bn debt

MOSCOW - Russia’s Finance Ministry said on Wednesday that Venezuela's $2.8 billion debt to Moscow will be restructured to meet a previously agreed extension of payment terms. “We have an agreement on (debt) More...

PDVSA
By Edition On Thursday, October 26th, 2017
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PDVSA: Venezuela’s cash crunch means waiting five months to get paid

HOUSTON - Off of Curacao, a huge tanker has been bobbing in the water with its cargo of crude oil for five months waiting to get paid -- the latest sign that Venezuela’s cash crunch could get a lot worse as more More...

InselAir
By Edition On Thursday, February 23rd, 2017
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Tax debt now reason for grounding MDs InselAir Aruba

ORANJESTAD, WILLEMSTAD - The Aruban Civil Aviation Authority now uses the tax debt of InselAir Aruba as a reason to keep the MD fleet of the airline on the ground. First, the aircraft were grounded because of technical More...

oil refinery
By Edition On Friday, October 28th, 2016
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Logistics woes in the Caribbean for Venezuela’s PDVSA

WILLEMSTAD - Growing financial troubles for Venezuela's PDVSA have started to snarl its logistics and operations in the Caribbean, where unpaid bills have frustrated suppliers and business partners. Here's a rundown More...