S&P's verdict came after the Venezuelan government met with global creditors in Caracas but offered no concrete plan for restructuring its $150 billion debt.
Mr Aissami, who has been accused of drug trafficking by the U.S., is himself on the list of Venezuelan individuals sanctioned by the U.S. treasury department.
Caracas has less than $10 billion left in hard currency reserves, but must make $1.4 billion in debt payments before year-end, and another $8 billion next year.
A meeting between Venezuela and its creditors on Monday ended without an agreement to restructure the country's debt, the same day the European Union adopted sanctions over its "political polarisation".
A committee of the International Swaps and Derivatives Association (ISDA) is weighing whether holders of PDVSA debt with default insurance - credit default swaps - can collect payment. Its continued functioning is one of the few things helping the government-which has decimated its economy through mismanagement-cling to power.
The US called an informal meeting of the UN Security Council, where US Ambassador Nikki Haley slammed Venezuela as an "increasingly violent narco-state" that poses a threat to world security. The country agreed on terms with Russian Federation for restructuring about $3 billion debt, but it still owes more than $50 billion on bonds held by other creditors. The agency warned there was a strong chance it would miss further payments within three months.
Even basketball star Shaquille O'Neal took notice, hilariously photoshopping himself in the photo share it with his own followers. Kurtley Beale has taken the crown when it comes to royal social media snaps, after posting this gem with Prince William .
Finally, JPMorgan Chase & Co. reissued a buy rating on shares of Lam Research Corp.in a research report on Thursday, October 6th. The firm has "Hold" rating by BMO Capital Markets given on Monday, June 26. (NYSE:PII) on Wednesday, June 29 with "Buy" rating .
Tesco saw sales growth of 2.3 per cent as its market share dipped to 28.0 per cent, down 0.2 percentage points on previous year . United Kingdom grocery sales reportedly increased 3.1 per cent year-on-year, and 1.7 per cent excluding discounters.
Jabre Capital Partners Sa increased Twitter Inc (NYSE:TWTR) stake by 50,000 shares to 730,000 valued at $13.05M in 2017Q2. The company was upgraded on Friday, February 19 by CLSA. (NASDAQ:QCOM) on Wednesday, November 1 with "Hold" rating.
Later, the court ordered the Securities and Exchange Commission of Pakistan (SECP) to freeze the assets of Hasan and Hussain. Investigation officers of NAB recorded their statement and gave details of four bank accounts in the name of Hussain Nawaz.
The flags used by Syrian Democratic Forces units found in Abu Kamal confirm that, the Russian Defense Ministry noted. The retreating IS fighters were equipped with "military vehicles and heavy weapons", they added.
There were no bids that competed with Whitefish, a small company whose office is in the hometown of Energy Secretary Ryan Zinke . Linemen from Lakeland were paid $63 an hour, while workers from Jacksonville earned up to $100 in double time .
Ameriprise Financial Inc. raised its position in shares of Valeant Pharmaceuticals International by 31.3% in the first quarter. The average twelve-month price target among analysts that have issued a report on the stock in the previous year is C$22.50.
It certainly rings true as their eldest child Blue Ivy was seen having a ball, enjoyed the adventure with her family on board. Queen B looked insane in love as she doted on Sir as Tina, every inch the proud gran, held Rumi in her arms.
The IDF estimates that the Islamic Jihad is planning an attack on the Jewish State following the IDF's demolition of a Gaza terror tunnel some two weeks ago.
Pokemon Ultra Sun And Ultra Moon Review Roundup
The game is one of the most anticipated games of Holiday 2017 for 3DS, according to the Nielsen Media Research report. Here's a list of other games that Famitsu reviewed along with Pokemon Ultra Sun and Ultra Moon .
Bangladesh oust India from Under-19 Asia Cup
After the defeat, India are out of the tournament and now Nepal and Bangladesh, from Group A, qualified for the semi-finals. Bangladesh openers Pinak Ghosh and Mohammad Naim Sheikh sealed the match with their opening partnership of 82 runs.
Nigeria vs Argentina Live Tuesday @ 5:30pm
Of that group, Musa and Uche stand out as the only two to have scored a brace, and Musa scored his at the World Cup. Like Clemens Westerhof before him, Gernot Rohr came into Nigeria under-promising, but has seemingly over-delivered.
Ronald Darby Practices With First Team; Eyes Return At Dallas
Ellerbe said his ankle hasn't been an issue since training camp and felt his workout with the Eagles two weeks earlier went well. Cowboys fans better hope they can fix that problem, because it looks like they'll be without him for the next few games.
Judgement reserved in Imran Khan's disqualification case
During the hearing, Justice Saqib Nisar asked if hiding assets in the nomination paper was a mistake or deliberate lying. Earlier, it was observed by CJP that PTI Chairperson Imran Khan declared his London flat but not the offshore company.
Credit Suisse Charged by New York State Department
The bank confirmed the fine, as well as its willingness to pay it, in a statement released late Monday evening. The probe is still ongoing in relation to other banks, according to a person familiar with the matter.
Senate approves Buhari's $5.5bn loan request
The government intends to spend money on infrastructure projects to diversify the OPEC member's oil-dependent economy. Senate leader Ahmed Lawan said the loan will make a huge difference in the economy, if properly utilised.