All this to hide that he doesn't know how to govern and can only imitate the dismal model he's inherited from his mentors of the Plaza of the Revolution. The result is a bad copy of the Cuban model, a crude replica in which ideology has ceded its entire terrain to the ravings of a man.
Even with the economic problems in Venezuela, the government has decided to press forward in fully funding its social programs.
As a matter of security, the announcer now explained, the government had suspended many basic civil liberties. What rights had we lost during our ill-fated vacation?
Countries like Chile, Colombia, Mexico and Peru are among the resource-rich economies in Latin America that have made inroads their extractive sectors, particularly regarding transparency in revenues. Others are embroiled in major economic crises, like Venezuela.
In my misery index, I calculate a ranking for all countries where suitable data exist. My misery index -- a simple sum of inflation, lending rates, and unemployment rates, minus year-on-year per capita GDP growth -- is used to construct a ranking for 108 countries.
Over the past few months, protests have erupted in the halls of the U.S. Capital, and in the streets outside, to thwart the passing of the Trans-Pacific Partnership (TPP)--a boon to corporate interests, the protesters argue, and an anathema to U.S workers.
In Venezuela the armed forces are not allowed to enforce public order. The only component of the military that may act in certain civil defense roles is the National Guard, yet the new resolution does not distinguish. But that is just one small detail.
Latin American leaders greeted with surprise and excitement the resumption of diplomatic relations between Cuba and the United States.
With his approval rate sinking by the minute, Chavez's successor should be learning from what other commodity-dependent countries, especially in Africa, have done in terms of policy instead of desperately begging for loans.
The dawn of 2015 finds Americans continuing to marvel and benefit at the pump from low oil prices. Yet many ask: Why all of a sudden are prices falling so drastically? Do market forces have anything to do with it? Or is this a political strategy?
We take the electoral process to be the first symptom of a democracy, but that in and of itself is very far from sufficient. By that measure, Russia is a democracy, as are Iran and Singapore -- and indeed, many of the former Cold War Warsaw Pact regimes.
The messy work of diplomacy has just begun, and it won't be easy. But for now, let's make sure we don't let our justifiable myopia get the better of us.
The recent political witch-hunt against famed Venezuelan opposition legislator Maria Corina Machado reinforces growing concerns that democratic institutions are under concerted attack in the Western Hemisphere.
It's crisis to crisis this week; catch your breath by taking our latest Week to Week news quiz. Here are some random but real hints: Bavaria on the c...
Global issues like terrorism, the economy, climate change and Middle East turmoil will sadly burden us this quarter and all year. These are factors that may hinder stability in the international system - that's global political risk in a nutshell.
It is always a good idea to read the business press with a critical eye. In the case of countries where media bias is unusually strong, it can also be quite profitable for investors to do so.