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Art & Design

Venezuela's PDVSA, in default, says total debt remained unchanged in 2019

Venezuela's PDVSA, in default, says total debt remained unchanged in 2019

CARACAS (Reuters) - Venezuela’s state-run oil company PDVSA said its financial debt fell less than 0.1% in 2019 from the prior year to some $34.5 billion, though it remained in default on its bonds as sanctions freeze it out of the global banking system. PDVSA, which is short for Petroleos de Venezuela S.A., has stopped paying interest on most its

Blind Bulgarian artist finds a way to keep painting

Blind Bulgarian artist finds a way to keep painting

PLOVDIV, Bulgaria (Reuters) - Stamen Karamfilov bends low over a canvas, adding the finishing touches to a woodland landscape - no mean feat considering the Bulgarian artist is almost totally blind. He initially gave up all hope of painting again when he suddenly lost his sight in 2015, and at one point contemplated suicide. Then, after the initial

SNB seen on sidelines as virus fears push Swiss franc to near three-year high

SNB seen on sidelines as virus fears push Swiss franc to near three-year high

ZURICH (Reuters) - The Swiss National Bank appeared to remain on the sidelines as the Swiss franc surged to its highest level in nearly three years on Monday, driven by concerns about the spread of the coronavirus. The franc fell to 1.069 versus the euro EURCHF= as investors spooked by the Chinese outbreak sought safe assets, its strongest value since