RIO DE JANEIRO -- As Venezuela teeters on the brink of default, its fate may ultimately depend on whether China and Russia continue to provide support as a way to counter the U.S.
At a meeting with creditors on Monday, Venezuelan Vice President Tareck El Aissami sounded desperate. In addition to suffering from economic sanctions imposed by the U.S., his country is being forced out of financial systems, he told some 100 mostly American and European institutional investors.