Venezuela’s economy has already collapsed. Nicolas Maduro’s government has announced he cannot pay back his debt and bankruptcy looms as a possibility. Now the question is… is this the end for Nicolas Maduro? Why those big banks like Goldman Sachs bet on Venezuelan debt? What can we expect from Venezuela? What is China’s role on this picture?
Venezuela is going through a humanitarian crisis no one denies. Food and basic products are scarce in all across the country and a big share of the population is suffering from starvation.
For some political analysts, Venezuela is not a democratic country anymore: the imprisonment of the political oppositors, the repression on the protesters and and attempts to dissolve the parliament would be a proof for this.
For others, Nicolas Maduro and his allies are protecting themselves from a coup d’etat. Who is right? What is going on in Venezuela? Can we still consider this country as a democracy? Is there freedom of speech for the Venezuelans?
Venezuela is undergoing some of its worst moments.
This disaster is so huge, that what once was one of the largest and most powerful oil companies in the world, PDVSA, the Venezuelan oil company, is now undergoing really difficult times, and is even close to bankruptcy.
And it is precisely at this difficult moment that Nicolás Maduro’s government has had its latest idea: launch its own cryptocurrency, the Petro, to try to finance itself. In this video we’ll tell you what’s happening with PDVSA, what we can do with the Petro and what the consequences are for Venezuela.
Venezuela is suffering one of the biggest economic and social catastrophes in modern history. The so-called Bolivarian Revolution, led first by Commander Hugo Chavez and, later, by Nicolas Maduro, has become such a disaster that the whole country has no wealth-creation structure anymore. The situation is so bad that is hard to imagine what could happen to Venezuela. This is why we asked one of the biggest experts on political transitions: Ivan Pilip, former Finance Minister of Czech Republic.
Venezuela is adrift. Every day that passes, life in this country becomes more and more difficult.
With some of the highest violence, poverty and inflation indices in the world and with a growing drug trafficking and organized crime industry, many, many Venezuelans can’t find an alternative but to place some land in the middle, that is, to leave behind a country that is falling apart.
Therefore, according to United Nations calculations, since 2014 and up until June 2018, around 2,300,000 Venezuelans have left Venezuela. And take note, because, year after year, these numbers won’t stop growing.
So what’s really happening? Is that a humanitarian catastrophe? What implications can it be in the neighbouring countries?
At the beginning of the 80s, the historic Medellin Cartel leader, Pablo Escobar had a dream: to turn Colombia into a country that would be directly controlled by drug traffickers. Fortunately for the Colombians, Pablo Escobar never achieved his ambition.
However, 3 decades later it looks like this dream is coming true. Of course not... in Colombia but in Venezuela.
We all know that Venezuela is going through a huge economic and social crisis. The Bolivarian revolution has plundered and practically pillaged all of the country's resources. But... that's not all. Are characters like Nicolas Maduro or Diosdado Cabello carrying out Pablo Escobar's dream? Is Venezuela becoming a narco-state?
Narcopolitics in Latin America: from Pablo Escobar to Chapo Guzman
What would you say is a drug trafficker’s biggest dream? What’s the secret to their “success” and why has their influence spread throughout Latin America?
In recent decades, the drug trafficking industry has developed into one of the biggest problems in Latin America. As we all know, this industry’s engine lies in the hundreds of billions of dollars that this business moves each yeah, thanks to which many drug traffickers have managed to create huge fortunes.
However, none of this would’ve been possible without the complicity and collaboration of many senior political officials. Weak institutions are the best breeding ground for drug trafficking.
Very recently, here on VisualPolitik, we talked about how Venezuela was becoming a Narco-State under Nicolas Maduro, Diosdado Cabello and the Soles Cartel.
In this video, we’ll talk about how some of the most famous drug dealers of all time gained their sinister success from the hand of corrupt politicians and how narco-politics has been so present in countries like Colombia, Panama, Nicaragua, Mexico, Honduras and Guatemala, among many others.
It may seem hard to believe given the circumstances but, once, not so long ago, Venezuela was the envy of Latin America. Not so long ago Venezuela was a prosperous country, a country to which many people immigrated in search of opportunities. Do you want to learn more about this other story?
Venezuela is going through a turning point. In fact, the fact the Juan Guaido has taken office while Nicolas Maduro is still in power is, by itself, something unique in history. There are many ways of overthrowing a dictator: revolutions, peaceful transitions… but there is no case where a political leader makes an oath following the country’s constitution in order to end an authoritarian rule.Several countries have already recognizes Guaido’s legitimacy to hold the interim presidency. That includes America, Canada, and European Union. And Maduro’s regime claims this is a coup d’etat supported by Trump. But… is it, really? Can Guaido defeat Maduro’s regime without the support of the army? Is it so easy to end with a dictatorship?
Venezuela’s Bolivarian Revolution hasn’t only plundered and destroyed the Venezuelan economy, it has also created a lot of networks and nefarious interests working in the shadows. Some of these networks have played a key role in allowing Nicolás Maduro to remain in power.
Sekarang Venezuela di tahap genting, Rejim Nicolas Maduro vs el-Presidente Juan Guaido. Komuniti dunia dah iktiraf Interim President Juan Guaido sebagai ketua Kerajaan yang sah di Venezuela sehingga PRU diadakan semula.
Nicolas Maduro cuma boleh harapkan Tentera dan agensi2 keselamatan yang korup untuk prop rejim dia macam FAES. Gilab@bi penasihat agensi kerajaan yang dilantik jaga agensi keselamatan dalam negeri dan majlis ekonomi rupa2nya pengedar dadah yang dikehendaki di peringkat antarabangsa.
Fakkap habes dah Venezuela ni. Jika Juan Guaido menang pun, mampus dia dengan kerajaan baru nak baiki kerosakan sosio-ekonomi era Chavez & Maduro ni.
Hutang dengan China berbilion tetap kena bayar jugak.