This post stems from a recent debate I had over the downfall of Venezuela's oil industry. The question was whether the country's oil production is falling as a result of sanctions or mismanagement.

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 ...

Puerto Concha (Venezuela) (AFP ... Many analysts believe the key moment in the industry's decline came in the early 2000s when Chavez, who died in 2013 while still president, became embroiled ...

The unpopularity of Mr. Maduro’s regime is not under question as he oversaw an economy that descended into a free fall in his ... the country. Chart 1 shows how Venezuela’s GDP (in current ...

Descent into dictatorship. In mid-2014, global oil prices tumbled and Venezuela’s economy went into free fall. As unrest brewed, Maduro consolidated power through political repression ...

Growing discontent in Venezuela, fuelled by hyperinflation ... Many blame him and his socialist government for worsening the country's decline. President Maduro blames "imperialists" - the ...

and exports in Venezuela are so stymied that the country's output may fall by a quarter this year alone. That's the worst performance of any economy since Libya fell into civil war in 2014 ...

Venezuela also exported 315,000 metric tons of oil byproducts and petrochemicals, including methanol and urea, a decline from the 360,000 tons shipped in January. The country imported 86,000 bpd ...

Meridith Kohut for The New York Times Supported by By Anatoly Kurmanaev MARACAIBO, Venezuela — Zimbabwe’s collapse under Robert Mugabe. The fall of the Soviet Union. Cuba’s disastrous ...