The problems in Venezuela's oil industry can be traced back to several key decisions that took place over the past 20 years.

News Downfall in Venezuela Subscribers are entitled to 10 gift sharing articles each month. These can be shared with friends and family who are not subscribers.

Last week Latin America’s new revolutionary triumphed–at the ballot box. President Hugo Chavez, former soldier, former coup-monger, admirer of Fidel Castro and now leader of what he cal… ...

Venezuela's inflation has skyrocketed amid the ongoing economic, political, and social crisis. Consumer prices in Venezuela soared by 741% year-over-year in February 2017, according to estimates ...

Venezuela’s ongoing descent into economic and political chaos is a cautionary tale of the dangerous influence that resource wealth can have on developing countries.

CARACAS, Venezuela – A modest crowd of Venezuelans has taken to the streets to show support for the opposition-led congress which has come under increasing pressure from the government of ...

Back to homepage / Live news Venezuela: the decline of an oil giant in crisis Puerto Concha (Venezuela) (AFP) – Leaks, rusted pipes, pieces of broken equipment scattered about and staircases ...

Venezuela says Tren de Aragua was effectively wiped out in 2023, and that the idea that it still exists is based on a claim from the country's political opposition.

Chart 3 shows how Venezuela fares on two indices maintained by the V-dem (Varieties of Democracy) Institute — the liberal democracy index and the executive corruption index.

In the days leading up to Venezuela’s currency reform, which is set for August 20 th, the bolivar has taken yet another deep dive. The chart below shows the bolivar’s free fall and the massive ...

The recent turmoil in Venezuela will perhaps push Maduro’s regime to look even more closely at India, which will remain among a select few countries that can refine Venezuela’s extra-heavy ...

The indictment and suspension of President Carlos Andres Perez for corruption probably protects rather than endangers Venezuela’s 35-year old democracy. But it imperils economic reform and gr… ...