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  • Venezuela’s Nightmare: 5 Reasons It’s Likely to Get Worse

    Venezuela’s Nightmare: 5 Reasons It’s Likely to Get Worse0

    “It’s time for a coup in Venezuela.” That statement appeared in Foreign Policy magazine on June 5, two weeks after Nicolás Maduro was re-elected as Venezuela’s president on May 20 in an election widely considered to be rigged. José R. Cárdenas, the former Bush administration official who wrote it, argued that “the United States and

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  • Venezuela’s Situation Requires a Great Deal of Pragmatism

    Venezuela’s Situation Requires a Great Deal of Pragmatism0

    In a bold move last week, the National Assembly of Venezuela, which was deprived of its constitutional powers by the government-controlled Supreme Court in March 2017, appointed National Assembly’s leader Juan Guaidó as interim President of Venezuela. This triggered an immediate reaction on the streets where millions of Venezuelans gathered to demand the resignation of

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  • Venezuela’s Disaster is Man-Made

    Venezuela’s Disaster is Man-Made0

    Journalists are now reporting regularly on the crisis in Venezuela, with shortages of everything from toilet paper to food and now daily street protests. What the news reports too often miss is, Why? Why is a formerly middle-class, oil-rich country now so desperately poor? The Weekly Standard notes a New York Times article, “How Venezuela

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  • Venezuela’s Default Disaster

    Venezuela’s Default Disaster0

    Socialism always promises heaven and gives hell. In the early hours of Thursday, November 2, the Maduro regime certified its latest failure with what they promised would never happen: technical default. With his usual arrogance, Maduro issued a “decree” demanding “the refinancing and restructuring of the debt as of November 3.” That is, default. The bad news for

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  • Venezuela’s 3 Comrades in Economic Meltdowns

    Venezuela’s 3 Comrades in Economic Meltdowns1

    Venezuela is dealing with the most severe economic crisis of its history. Numbers are mind-blowing. Since 2014, the Venezuelan economy has contracted by almost 50 percent. The annual inflation rate reached 80,000 percent last year and three million people have left the country fleeing poverty and political repression. The last decade has witnessed very few

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  • Venezuela Should Shock and Teach this Generation

    Venezuela Should Shock and Teach this Generation0

    You are sick so you go to the hospital. There is no medicine. Diagnostic machines don’t work because the power is out. The lights aren’t on either. After nightfall, the whole place is pitch black. You can’t wander the halls. Too dangerous. Small wounds lead to amputation without anesthesia because there is no other way

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