Venezuela’s Meltdown Could Be Trump’s First Nightmare, Too
The threats to Venezuela and its
neighbors are plentiful — from a resurgence of violent protests to the specter
of a coup. Cops and government security forces only add to the violence in a
country “at war with itself.” And what was once a trickle of Venezuelan
refugees has now turned into a steady stream to neighboring Brazil and
Colombia. In July 2016 alone, for example, over 120,000 Venezuelans poured into
Colombia searching for medicine and food. Economically, Venezuela is at risk of
defaulting on its debt. Its economy shrunk an estimated 10 percent in 2016 and
inflation could top 1,600 percent in 2017, according to the International
Monetary Fund. This could worsen an “already horrific situation” for the
import-reliant population, Taylor said. And Venezuela could boil over before
the Trump administration has time to settle into government and get its new
national security team in place and up to speed. “The question on everyone’s
mind, including the Trump transition team,” the senior U.S. official said, “is
whether there’ll be a soft landing in Venezuela, or if the country is headed
toward a major humanitarian disaster.”More…
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