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Venezuela bondholders inch toward showdown

Thursday, July 13, 2017

Democratic Order Needs to be Fully Restored in Venezuela

And I use the word tragedy – I don’t use it lightly. Venezuela is one of the richest countries in the world, blessed with natural resources that God has blessed that nation with. The largest crude oil reserves on the planet, certainly more than the United States and Canada combined as an example. An educated people, a highly educated people, capable. And a long tradition of democracy. Venezuela has one of the oldest traditions of democracy in the Western Hemisphere. As much as anything else, not only is it a tragedy for the hemisphere and ultimately for the world. We look at some of the great causes that the world is confronting and think what a democratic and prosperous Venezuela could be contributing, what its people could be contributing. More…

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