Friday, July 21, 2017

Oil and Venezuela’s Crisis


In Venezuela, opposition groups are forming a parallel government and calling a national strike. Those moves come in response to the socialist government of Nicolas Maduro calling for a constituent assembly to re-write the constitution. And it’s all happening against the backdrop of what looks like economic chaos: widespread shortages of basic goods, lines that last for hours, booming black markets with skyrocketing prices, and a government starved of the oil income it once used to fund its social agenda. We do a deep dive on the origins of Venezuela’s crisis with Miguel Tinker-Salas. More…

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