When I last wrote about Venezuela in May, protests raged across the country. They derived from the ruling regime-controlled Supreme Court attempting to wrest power away from the National Assembly, Venezuela’s federal legislature and last vestige of opposition voices in the government. The move was met with harsh criticism at home and abroad, and President […]
Venezuelan President Nicolas Maduro continues to crack down on opposition and protests to his increasingly authoritarian government.
Venezuela witnessed an upheaval in the national legislature and the ban of the leading opposition figure from running for office, resulting in massive protests and violent clashes with police.
A currency shakeup, corruption probes on the oil industry, and a growing crackdown against political opponents. Venezuela’s situation demands our attention.
The country’s supreme court blocked a recall referendum that could have removed Maduro from power. The country’s struggles continue, but there is some hope.
Here is an update on the situation in Venezuela: from oil corruption, to government layoffs, to a border rush into Colombia.
Venezuelans have been suffering from many hardships in recent months, including a plummeting economy, food shortages, and electricity rationing.
Devaluation is the word of the day in oil exporting countries. Whether it is the Nigerian naira, the Venezuelan bolívar, or the Russian rouble, low oil prices are wreaking havoc in oil exporting economies and on their national currencies.
What does a mango thrown at the head of Venezuelan President Nicolas Maduro tell us about Venezuela’s economic future? Not much.
OPEC’s recent decision to keep production at its current levels lead to the realization by many investors that the current oil price may become the new norm.
It is interesting to see the current commentary on ISIS/ISIL in Iraq and how policymakers and the mainstream media have reported on a situation that is confusing and complicated. In reality, the suppression of the 2009 election in Iran lead to a violent response to protestors in Syria, leading to a dithering policy on […]
There is always a danger in economies that are heavily dependent on one commodity to become states where conflict and power vacuums arise due to the concentration of power in one industry, and that industry having control of a large part of a national economy. External pressures for countries that are oil producers are the […]
Many Americans feel that their current system of government is unable to get anything done in any meaningful way. Conflicts between interests in the U.S. government has blocked essential legislation from being passed, and interest groups in the political system thrive off preventing the president from passing many of his key policy initiatives. While compromise […]
Over two weeks have passed since Nicolas Maduro’s contested election victory over opposition candidate Henrique Capriles Radonski. Unfortunately, fair democracy appears to remain limited in Venezuela, even after the passing of Hugo Chavez. Capriles and his supporters have demanded a recount in the closely contested race and refuse to acknowledge Maduro’s victory as legitimate. […]