Praemon

Category Archives : Venezuela

Home  >>  Latin America  >>  Venezuela

A Brief Background on the Venezuela Crisis: A Country Dependent on Oil

On February 12, 2019, Posted by , In Venezuela, With Comments Off on A Brief Background on the Venezuela Crisis: A Country Dependent on Oil

Written by McKay Dayton; Research compiled by Alejandra Herrera             In the late 1970s, Venezuela thrived economically thanks to high oil prices, which allowed it to be one of the most prosperous countries in South America. Then came an oil crisis in the 1980s that significantly raised inflation. The economy…

Russian-Venezuelan Relations

On February 7, 2019, Posted by , In Information Reports,Russia,Venezuela, With Comments Off on Russian-Venezuelan Relations

Written by Marren Haneberg Economic and Political Ties Between Russia and Venezuela On January 23, thousands of Venezuelans began protesting against longtime president Nicolás Maduro. The protests were initiated by “self-proclaimed interim president” Juan Guaidó, who leads the opposition against Maduro (Noack). The United States, along with over 20 other…

Venezuela in Chaos

By Mckay Dayton  The recent election in Venezuela has left the country in even more disarray than it was already in. President Nicolas Maduro was elected to serve a second six-year term as president. The people of Venezuela and many other countries have claimed that the election was a sham…

Still Room in the Lat-Inn: South American Countries Response to the Venezuelan Migrant Crisis

On September 30, 2018, Posted by , In Analysis Reports,Latin America,Venezuela, With Comments Off on Still Room in the Lat-Inn: South American Countries Response to the Venezuelan Migrant Crisis

Written by Brecken Denler Millions of Venezuelans flood out of their home country to anywhere that will take them.  As the tide of migrants increases the responses of neighboring countries is varied.   How other countries respond will greatly influence the end result of the crisis.  A number of examples are…

Hyperinflation in Venezuela

On September 23, 2018, Posted by , In Information Reports,Venezuela, With Comments Off on Hyperinflation in Venezuela

Written by Brecken Denler Venezuela’s president Nicolas Maduro has a new economic plan which he calls “a really impressive magic formula.”[i]  Hyperinflation has hit the country hard, and the solutions Maduro proposes include a 3,000% increase in the minimum wage, a new commodity-based cryptocurrency,[ii] cutting any number of zeros from…