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A look at Venezuela's economy as Maduro begins his second term
An estimated 5 million Venezuelans have left the country due to high poverty rates.
Venezuela’s debt could give China and Russia an oil market edge
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 that debt is owned in large part by Russia and China. The U.S. doesn’t want […]
Ahead of the controversial election, the scene in Venezuela is chaotic
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 violence related to political protests since April. Now President Nicolas Maduro wants to elect a new national […]