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Venezuela bondholders inch toward showdown

Wednesday, June 14, 2017

Venezuelans Lose Faith in Rule of Law

Venezuelans expressed deep concerns late last summer with many of the institutions that are largely failing them now -- the local police, military and judiciary -- as their country teeters on the brink of anarchy. Venezuelans' confidence in all three institutions hit new lows last year and were among the lowest, if not the lowest, in the whole world in 2016.  Venezuelans' confidence in their police, courts and military have plummeted in the past decade -- most sharply since 2012 -- as Venezuela inches closer to civil war, fueled by a collapsing economy, food and medicine shortages, and a government clashing violently with some of its citizens. Nearly 70 people have died in the last two months as a result of protests and tensions with the government. More…

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