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socialism of the 21th century

Is Colombia at Risk?

Since forever, Latin America has been in a perpetual state of political turmoil and social unrest. The consequences of this are multiple.

There are no Conditions for an Election in 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. 

Russian-Style Privatizations in Venezuela?

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.

Venezuela’s Business Environment: Inefficiencies, Distortions, and Risks

Venezuela is constantly over the news given its unprecedented economic collapse. Yet, numerous people still think that the country’s economic hardships were caused by external factors, such as declining oil prices or financial sanctions from the international community. When in reality, the Venezuelan collapse is the direct consequence of the country’s inefficient, distorted, and hostile business environment.

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