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What Happens if Venezuela Doesn't Pay its Foreign Debt?


Venezuelan economist Victor Alvarez explores the roots of the country’s critical financial situation and the consequences of placing a moratorium on its external debt. 

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Beyond the Boliburguesía Thesis


Steve Ellner explains why critics of Chavismo are wrong to suggest that socialism is to blame for corruption in Venezuela


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Two Opposition Police Officers Arrested in Connection to Army General Murder

Venezuelan Interior Minister Gustavo Gonzalez Lopez, who appears in this file photo, indicated the killing of Felix Velasquez wa

Two police officers from the opposition-controlled municipality of Chacao were charged with the crime. 

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Venezuelan Banker Given Asylum by US Found in Panama Papers

Eligio Cedeño, the banker whose named appeared in the Panama Papers, pictured here in a photo from El Impulso. (EFE)

Eligio Cedeño, a banker given asylum by the U.S. after he fled Venezuela in 2009 due to charges of financial corruption, has shown up in the Panama Papers.


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Venezuela Indicts High Level Electricity Official for Cocaine Trafficking

Venezuelan authorities arrested Nava on March 1 and  impounded over 335 kilos of cocaine. (archive)

In an effort to crack down on corruption, the Public Prosecutor's office indicts a former CORPOELEC high level official. 

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Venezuela Arrests 2 Over Panama Papers Scandal

 The Panama Papers are a trove of leaked documents from Panamanian law firm Mossack Fonseca, detailing how the firm aided the wo

Venezuelan prosecutors have announced the arrest of two relatives of a former security official named in the Panama Papers.

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Former Minister Presents Alleged Cases of Corruption by Top Officials Before National Assembly

Former Minister of Electrical Energy and Education Héctor Navarro (Aporrea tvi)

Ex-minister Héctor Navarro spoke before legislators Wednesday to denounce alleged cases of corruption by government officials.


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Venezuelan Socialist Lawmaker Calls for More Panama Papers Revelations

PSUV legislator Diosdado Cabello. (AN)

Venezuelan socialist congressman Diosado Cabello has urged journalists to release further names of those involved in the ground-breaking global corruption scandal known as the “Panama Papers”, accusing the country’s right-wing opposition of illicit dealings.

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Venezuelan’s Maduro Creates Socialist Enterprise System to Kickstart Production

President Maduro speaking with workers at Ana Maria Campo Petrochemical Complex in Zulia state. (Prensa Presidencial)

Venezuelan President Nicolas Maduro announced Monday the creation of the National Productive Corporation as part of new socialist enterprise system aimed at coordinating efforts among existing state, communal, and mixed firms.

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Venezuela Arrests 55 State Food Employees in Anti-Corruption Raid

SEBIN arrests state employees accused of corruption. (Twitter)

Venezuelan authorities arrested 55 employees of the Abastos Bicentenario state supermarket chain Monday in the initial phase of a new anti-corruption operation aimed at the government-run food distribution network.

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