Goldman Sachs caught up in anti-Maduro protests

Reuters     
       Venezuela has been wracked by daily street demonstrations over the past two months with dozens killed

Opposition leaders accused the bank of getting in bed with a deeply unpopular administration.

The Organization of American States (OAS) held foreign ministers' meeting on the crisis in Venezuela amid heightened tensions between the opposition and the government in Washington DC on Wednesday.

Why they are buyers is simple: the bonds are cheap, they are able to buy them, profits are likely and they seem to have concluded that the reward outweighs the risk that at least some bonds will meet with default given the economic and political upheaval predicted for the troubled Latin American country.

"They say we're paid to be here, but that's a lie, because if not, I wouldn't be so short of money!" she joked.

The Times reported that the huge protests afflicting Venezuela that started in early April, were sparked by a decision of its Supreme Court to assume the powers of Venezuela's National Assembly in violation of the country's Constitution.

"We're talking about people dying, dying", said Brazil's Foreign Minister Aloysio Nunes. Its critics say that makes little to no difference.

And in recent months, forces loyal to him have killed several protesters.

Nicaragua was among the countries who continue to support Maduro.

"We demand the end of the political lynching", Alvarado said through a translator.

"The stable and peaceful Venezuela is in the best interest of the entire hemisphere, and America stands with all of the people in our great hemisphere yearning to be free", Trump said.

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"By giving $900 million to a dictatorship, they are funding a systematic human rights violator, they are funding immorality and for Maduro to stay in power while he keeps killing people", said Eduardo Lugo, 23, a Venezuelan attending college in NY and a leader of the protest.

In New York Wednesday, Venezuelan Foreign Minister Delcy Rodriguez said Maduro's opponents should feel "deeply frustrated" that the US -led plan to intervene in Venezuela's crisis had failed.

"The only consensus is that there is no consensus", Rodriguez told VTV state television from Washington.

Wednesday's meeting of the 34-nation hemispheric bloc came after a group of nations pressed for "urgent action" to ease the crisis.

They are also decrying Venezuela's triple-digit inflation, soaring crime and vast food shortages.

When asked if there is a dictatorship in Venezuela, he said "we are seeing authoritarian traits and it is something that should concern us all" in the region. It's "a new coup with the sole goal of consolidating this authoritarian regime", the Associated Press quoted him as saying.

Demonstrators with shields prepare to clash with security forces during anti-government protests in Caracas, Venezuela, Tuesday, May 30, 2017.

Secretary of State Rex Tillerson, the top US diplomat, did not attend the meeting at OAS headquarters, just a few blocks from Tillerson's State Department offices.

Hausmann said JPMorgan should take out Venezuela's "hunger bonds" from its index and create an index that "would allow you to root for higher returns on your savings without wishing for human misery".

"We believe there is an global role in the rebuilding of trust among the main political actors in Venezuela as well as the reduction of tensions", Shannon said.

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