While the UN World Food Programme will help hundreds of thousands of Venezuelans in need, one has to remember that a true economic recovery is only possible after a political transition to democracy is achieved in Venezuela.
Court-packing fundamentally transform the institution into a political actor, no longer capable of acting as an impartial referee.
In February, China bought over 500 thousand barrels per day of Venezuelan oil, the purchases were carried by “phantom companies,” and through “dark voyages.”
Farmers warn that the country could be out of diesel in two weeks, a situation that would paralyze Venezuela’s already decimated food supply.
Maduro’s new economic proposals entail the deepening of Venezuela’s implicit dollarization, and the Soviet-style privatization of strategic economic sectors, such as the country's oil industry.
Maduro's dictatorship has exhausted the democratic paths to resolve the crisis in Venezuela. The opposition has also exhausted the electoral and negotiation channels.
“La Resistencia es Libertad,” a new message heard all over Venezuela.
Last week, Venezuela experienced its latest sham election. This time is an “election” to renew the country’s national assembly, which is the only institution controlled by the opposition, and the only institution recognized by the international community.
Los venezolanos se encuentran en una situación de desespero, frustración, indefensión (inducida a veces) y de resiliencia en el sentido negativo de la palabra que se traduce en un desencanto total, falta de confianza y rechazo a sus "representantes" (tanto usurpadores como pretendidos) Por un lado, se desinfla la dinámica del Interinato que inició con un gran apoyo y expectat
In the middle of the biggest economic collapse of any nation in modern times, Venezuela is experiencing a fundamental, and perhaps irreversible, change within its economic system. Since 2019, Venezuela has been driving full throttle towards an economic phenomenon, which I refer to as implicit dollarization.