Goldman Sachs Group Inc. is on the defensive in Venezuela after it bought bonds that had been held by the struggling country’s central bank in a transaction the government’s opposition decried as a lifeline to President Nicolás Maduro’s embattled administration. Goldman’s purchase of $2.8 billion in bonds, first reported by The Wall Street Journal on Sunday, comes as Mr. Maduro’s detractors have recently pleaded with international...

Source: Wall Street Journal May 29, 2017 23:30 UTC