On Tuesday, Maduro proposed new legislation that encompasses the privatization of the oil industry, the possibility of returning expropriated companies to their original owners, and the free trade of strategy goods, such as fuel.
The main constraint for growth in Venezuela is not related to market failures nor any purely economic issue, but to the political institutions of the country. As a result, Venezuela exemplifies that the economic issues of most nations are a result of their bad governance.
Five years ago, a Belarusian teenager studying film in Poland set up a YouTube channel to show videos that he made and poke fun at his country's longtime leader, Alyaksandr Lukashenka.
In Belarus people have been taking the streets for weeks against a dictator who is trying to suppress the protests with all the harshness of the state apparatus. Despite all the reprisals against the own population, they behave peacefully during all protests.