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Maduro: Venezuela Needs Credit to Cope With Oil Price Drop

President Nicolas Maduro again fumed against Venezuela's poor credit rating on Monday, saying the OPEC nation needed external financing to help it cope with oil price declines. The socialist government has seen bond prices plunge, loan costs rise and market speculation of default emerge this year amid an economic slowdown exacerbated by a declining price of oil, which accounts for 96 percent of export revenues. In near-daily speeches, Maduro, the successor to the late Hugo Chavez,...

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