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Venezuelan president Maduro with Cuban leader Raul Castro. The two countries have been political and economic allies for 15 year

Maduro Reacts to Normalization of US-Cuba Relations as Venezuela Sanctions Loom

During a Mercosur summit held today in Argentina, Venezuelan president Nicolas Maduro called Barack Obama’s recent move toward normalizing US-Cuba relations “brave,” while the rest of the trade bloc released a statement condemning the US leader for approving sanctions against Venezuela last week.

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Opinion & Analysis

Venezuela's opposition leader Maria Corina Machado arrives at the state prosecutor office in Caracas December 3, 2014. 
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Detained Colonel Says Maria Corina Machado Was at the Forefront of the Opposition Violence

The following is a report that appeared in the privately-owned Caracas newspaper Ultimas Noticias this morning, detailing the sworn confession made by the retired Venezuelan colonel Jose Gustavo Arocha Perez, who admitted to colluding with the former opposition legislator Maria Corina Machado in a plot to create unrest and oust the Venezuelan government.

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U.S. Sanctions Against Venezuela: A Wrong Turn For Regional Diplomacy
Venezuela in Financial Difficulty; will PetroCaribe Survive?

Venezuela in images

Thousands of Venezuelans March to Celebrate their Constitution and Condemn US Interference - Thousands of Venezuelans marched in Caracas on Monday to celebrate 15 years since the Bolivarian Constitution was passed in a nationwide referendum. The march also served as a platform for Venezuelans to express their outrage at the sanctions recently imposed by the United States government on the Caribbean nation.

While the general agreed upon “danger point” would be a global temperature rise of more than 2 degrees Celsius, many members

Venezuelan Foreign Minister Demands Action from Developed Countries at UN Climate Talks

VA.com’s Cory Fischer Hoffman writes a special report from the United Nations climate talks in Lima, Peru, describing the reactions of the Venezuelan government and social movements to the attempt to reach a consensus over how to address global warming.

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Economic Indicators

Chart graphic

This CEPR has written various reports on the situation of the venezuelan economy. Read them here