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A look at Venezuela's economy as Maduro begins his second term

by Anu Anand and Danielle Chiriguayo Jan 10, 2019
An estimated 5 million Venezuelans have left the country due to high poverty rates.
Venezuelan President Nicolas Maduro delivers a speech during the ALBA Summit at the Miraflores Palace, in Caracas on March 17, 2015.
FEDERICO PARRA/AFP/Getty Images

Venezuela’s debt could give China and Russia an oil market edge

by Scott Tong Aug 2, 2017
As chaos in Venezuela continues, the Trump administration has imposed sanctions on President Nicolás Maduro and is threatening an embargo on Venezuelan oil. But that could backfire: if Washington pushes hard enough, Venezuela could go belly up on its debt, and…

Ahead of the controversial election, the scene in Venezuela is chaotic

by Kai Ryssdal, Emily Henderson, and Robert Garrova Jul 28, 2017
There’s an election in Venezuela this Sunday that’s bringing the years of political and economic crisis to a head. Venezuela has suffered through general strikes and economic downturn, with skyrocketing inflation rates. And more than 100 people have been killed in…