Socialism led to a once-rich country running short on toilet paper. Capitalism has put an impoverished country on the path to ...

Venezuela's state-run PDVSA achieved $17.52 billion in hydrocarbon sales abroad. Despite U.S. revoking foreign operation ...

Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...

The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage halted all operations.

Following US raids on Iranian nuclear sites, concerns about the Strait of Hormuz’s closure have grown. Over 20% of the world’s oil passes through this important chokepoint; thus, any disruption might ...

Venezuela faces a renewed economic crisis in 2025, marked by dwindling oil revenue due to sanctions and electoral fraud consequences. President Maduro declared an "economic emergency" as ...

A teacher browses clothes inside a second-hand run by the Venezuelan Teachers' Federation (FVM) in Caracas, on February 17, 2025. The average teacher's salary is less than 800 bolivares, the ...

Last month, the government of Venezuelan President Nicolás Maduro and the country’s largest opposition coalition resumed negotiations to address Venezuela’s decades-long crisis. Maduro, who succeeded ...

The Venezuelan migrant and refugee crisis is probably the most underfunded displacement crisis in the world, even beyond the Rohingya or the South Sudanese. The repercussions of this migration crisis ...

Venezuelan migrants flee economic strife Washington — A sharp increase in Venezuelan arrivals is contributing to a recent spike in migration along the U.S. southern border, highlighting the ...

Publishers and book stores in Venezuela are trying to survive the country's long economic crisis and sky-high inflation by selling used texts and a handful of new books from Venezuelan writers ...