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February 2, 2018

Demonstrators rally against Venezuela's President Nicolas Maduro in Caracas, Venezuela. Venezuela in Crisis

President Nicolas Maduro’s efforts to consolidate power amid a deepening economic and humanitarian crisis have drawn widespread international condemnation.

March 5, 2018

Energy and Climate Policy
The Suezmax sized oil tanker Karvounis lies at anchor stranded off the coast of Louisiana for lack of a bank letter of credit to discharge its cargo of Venezuelan heavy crude, south of Port Fourchon, Louisiana, U.S. August 17, 2017. OPEC’s Venezuela Dilemma and U.S. Energy Policy

As senior officials from the Organization of Petroleum Exporting Countries (OPEC) gather in Houston for the international industry gathering CERA Week, they will be listening carefully to speeches by…

February 27, 2018

People cross over the Simon Bolivar international bridge to Colombia from San Antonio del Tachira. Venezuela's Neighbors Can't Wait for Uncle Sam

Venezuela’s refugee crisis is metastasizing. According to the United Nations, 5,000 Venezuelans have fled to Curacao, 20,000 to Aruba, 30,000 to Brazil, 40,000 to Trinidad and Tobago, and more than 6…

March 1, 2018

Humanitarian Crisis in Venezuela

Venezuela humanitarian and refugee crisis discussion with Council on Foreign Relations Senior Fellow Shannon O'Neil

January 23, 2018

The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela December 1, 2017. How Much Worse Can it Get for Venezuela’s State Oil Firm PDVSA?

Venezuela’s latest attempt to raise capital by issuing a cryptocurrency, the petro, linked allegedly to its Orinoco oil reserves is problematical on so many levels, it is hard to know how to comment …

July 26, 2017

A demonstrator during a rally against President Nicolas Maduro’s government in Caracas, Venezuela. Can Venezuela Resurrect Its Economy?

President Nicolas Maduro has neither the desire nor the capacity to institute the market reforms and debt restructuring needed to revive Venezuela’s sinking economy, says economist Ricardo Hausmann.

December 17, 2009

2009.12.16.VEN Venezuela’s Risk Unhinged

The credit risk of oil exporting countries such as Venezuela and Russia tends to move with the price of oil. As a country’s oil export revenue improves, so does its ability to pay its debts. Recent…

October 11, 2011

Human Rights
Venezuela’s Presidential Race Venezuela’s Presidential Race

Members of Venezuela's militia and supporters of Venezuela's President Chavez attend a ceremony in Caracas (Jorge Silva/Courtesy Reuters). Today, chances are Hugo Chávez will face off agai…

July 7, 2016

Venezuela's President Nicolas Maduro stands in front of an image depicting the country's late President Hugo Chavez during a meeting with members of Venezuela's United Socialist Party (PSUV) in Caracas Venezuela’s Woes Reach Mercosur

Mercosur is under considerable internal strain. As at other times in the trade bloc’s history, shifting political winds and changing trade priorities have placed the member countries at loggerheads. …

November 28, 2007

Politics and Government
Voting in Venezuela

This Sunday Venezuelans will vote on a referendum comprising 69 changes to the existing Constitution. Many of these push the country further toward Chavez’s 21st Century Socialism, expanding pensions…