Venezuela debt defaults pile up with fresh S&P warning

Venezuela moved closer to a possible all-out default on Wednesday, with ratings agency S&P Global saying the country had failed to make repayments on two more loans.The oil-rich, cash-poor South American country failed to make $237 million in payments on bonds due 2025 and 2026, now past their 30-day grace period, the US ratings firm said in a statement."Two additional coupon payments are overdue, but within their grace period.