Venezuela's Bondholders Look to OPEC

Venezuela's Bondholders Look to OPEC

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic challenges faced by Venezuela and Brazil. Venezuela's economy is struggling due to a 25% loss in dollar-denominated notes following a drop in crude oil prices. The country is seeking OPEC's help to reduce global output to stabilize its finances. In Brazil, the currency gains are linked to expectations of a new finance minister, Joachim Levy, who previously served under Lula da Silva. Brazil is facing a recession and needs to revive growth.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage have Venezuela's dollar-denominated notes lost in the past three months?

10%

30%

15%

25%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Venezuela need OPEC's intervention?

To attract foreign investment

To increase oil prices

To reduce global oil output

To stabilize the currency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country's currency led gains among Latin American currencies?

Brazil

Chile

Argentina

Mexico

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is expected to be appointed as Brazil's Finance Minister?

Luiz Inacio Lula da Silva

Israel Led

Joachim Levy

Dilma Rousseff

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic challenge is Brazil facing under Rousseff's government?

Currency devaluation

Recession

Trade deficit

High inflation