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Venezuela bondholders inch toward showdown

Monday, June 26, 2017

Venezuela: A country divided

For more than 60 days, anti-government protests have been taking place in Venezuela. In a country plagued by sky-high inflation and an extreme scarcity of food and medicines, confrontations between protesters and the National Bolivarian Guard have led to more than 70 fatalities. But interpretations of this political crisis as simply a dictatorial regime cracking down on a united and suffering population do not do justice to the complexities and severe polarisation of Venezuelan society. Jose only protests when he has earned enough to feed his family. Whenever he spots the National Bolivarian Guard while out driving his taxi he calls them "cowardly rats" under his breath. More…

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