While the world is focused on war in the Gaza Strip between Israel and Iran’s proxies that could morph into a wider Middle East conflict and the proxy war that NATO has lost against Russia in Ukraine, a new hotspot made headlines in the mainstream press last week. A...
When a nation chooses not to release its economic numbers for multiple consecutive years, you know there’s probably something amiss. And by any logical metric, a 130,060% annual inflation rate of a nation’s currency is generally considered a bad thing. Somehow,...
The Trump administration announced new sanctions against Venezuela’s state oil company PdVSA yesterday. The additional sanctions are no surprise, as the country quickly deteriorated after a fraudulent election secured Nicolas Maduro’s second presidential term. The new...
With the rapidly-devolving situation in Venezuela, the U.S. government has a massive problem on its hand. First, the country’s proximity to the U.S. presents a potential humanitarian crisis. Second, Venezuela is strategically important for its natural resources. As...
After years of crippling hyperinflation, Venezuela’s elderly pensioners have become dependent on the monthly bonuses handed out by the government through the carnet de la patria system. In fact, many of these senior pensioners have no other means of subsistence, and...