Skip to Navigation

economic crisis 2017

Venezuelan Grassroots Socialist on the Challenges Facing the Bolivarian Process

Stalin Perez Borges. (Green Left Weekly)

Green Left Weekly’s Federico Fuentes interviews socialist activist Stalin Perez Borges from the United League of Chavista Socialists (LUCHAS) on the challenges facing the Bolivarian revolution. 

 

» read more

Will Venezuela’s Latest Exchange Rate Reforms Help?

The new reform is intended to halt the further devaluation of Venezuela's bolivar. (Archive)

VA's Ryan Mallett-Outtrim weighs the potential pros and cons of Venezuela's latest currency exchange reform, arguing that only a free floating exchange rate will save the country's crisis-ridden economy. 

» read more

Venezuela’s New Forex System Launches

(El Nacional)

Venezuela was set Thursday to hold its first currency auction under its newly reformed foreign exchange system, which the government says will be more transparent and effective than its predecessors.

» read more

Authoritarianism in Venezuela? A Reply to Gabriel Hetland

Venezuelan opposition protesters burn a National Bolivarian Police motorcycle at an anti-government barricade in the affluent ea

Hetland recycles status quo liberal critiques of the Bolivarian Revolution ignoring grassroots support for Maduro, argues the VA team. 

» read more

History Repeats Itself? Venezuela’s New Constituent Assembly

"I march for the constituent assembly." Caracas, May 8, 2017. (Ricardo Herderez)

Bolivarian University Professor Chris Gilbert analyzes the balance of forces underlying the Maduro government's bid to draft a new constitution as a solution to the country's current revolutionary impasse.

» read more

Venezuelan Govt Hands $10.5m to Small Businesses Attacked by Opposition

Dozens of stores have been looted amid riots and anti-government protests. (Reuters)

The Venezuelan government announced plans Thursday to provide financial relief to more than 50 small stores and other businesses hit by vandalism and looting.

» read more

Venezuela’s Maduro Appeals to UN over Medicine Shortages

Venezuelan President Nicolas Maduro has asked the UN for help to resolve the country's difficulties in the health sector. (

The Venezuelan president announced Friday that he had requested assistance from the United Nations to help the country respond to critical issues in its health sector. 

 

» read more

Venezuela Maintains High Human Development: UN

Children studying in a state school in Caracas, Venezuela. May 23, 2014. (Reuters)

Despite the ongoing economic crisis, Venezuela has maintained a higher human development ranking than Brazil, Peru, and Colombia

» read more

Venezuelan Finance Minister Assures PDVSA Will Pay Out 2017 Bonds

Economy Vice President Ramón Lobo. (@RamonLoboPSUV)

Minister of Finance, Industry and Commerce Ramón Lobo confirmed in an interview this week that Venezuela will meet its debt payments for 2017 in light of this year’s rise in global oil prices.

» read more

Venezuela’s Latest Victory in Exxon Case?

Syndicate content