In January, the International Monetary Fund (IMF) told us that Venezuela's annual inflation rate would hit 720 percent by the end of the year. The IMF...
Is this true? The short answer is no. It is true that Latin America has been affected by the ups and downs of the global economy: The regional economy was basically flat in 2015, and is projected to shrink by 0.5 percent this year. But this is not the main story.
The pain and torment which affects me and tens of millions of others is occurring in the South American nation of Venezuela, one which has tightened the noose around its neck over the last two decades with bad policy after bad policy.
The Venezuelan government faces many challenges, but none so important or urgent as economic recovery.
CARACAS, Venezuela -- With his rejection of this law, President Maduro has denied any hope for peace, justice and reconciliation in Venezuela. It is clear he sees no need to respect his country's democratic institutions. As Venezuela falls deeper into its humanitarian and economic crisis, we expect Maduro to continue to disregard the autonomy of Venezuela's branches of government in order to maintain power.
Civil society is critical to policy processes that aim to tackle climate change and protect the poorest and most vulnerable communities from its impacts.
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If you're the kind of person that thinks people who support Bernie Sanders are idiots because "someone has to pay for that free college", you need to recognize that someone also has to pay for the Republican backed socialist wealth redistribution that benefits rich individuals and corporations.
The black market for the dollar is especially destructive because it is part of an inflation-depreciation spiral that has been growing since the fall of 2012.
Latino Voters in Florida are looking for a President who will put Latin America as one of their top priorities when it comes to foreign policy. With that criteria in mind, there is only one person fit for the job: Hillary Clinton.
Mexican writer Carlos Fuentes could not imagine how correct he was when he said that the challenge a Latin American writer faced was to produce fiction that was more extraordinary than reality itself.
Venezuela this week announced it would significantly raise fuel prices and devalue its currency as part of a series of measures to help shore up its flailing economy. Venezuelan president Nicolás Maduro also named a new economy czar: Miguel Pérez.
There is a false sense that the recent lows in the price of crude oil are artificial, and that higher prices will return. But that assumption is wrong. Contrary to popular belief, the current low price of oil is not the exception the media and political leaders keep telling us, it is the historical norm.
VALENCIA, Venezuela -- My dad's diagnosis came a couple days before Christmas: Non-Hodgkin lymphoma, stage III. The doctors planned his first dose of chemotherapy for mid-January. But because of Venezuela's deadly drug shortage, he had to bring everything to the clinic -- from the drugs to the needles to the saline solution. And with cancer, time is key. So we went on a mad dash search to find the medicine any way we could.
CARACAS, Venezuela -- The people of Venezuela are fighting the impunity and the oppression of the Maduro regime, but it is not a fight we can win on our own. We ask that all countries that value freedom, democracy and human dignity stand with us.
I observe the socialist destruction of Venezuela that has ensued under the reign of Hugo Chavez and now Nicolas Maduro, it is clear that Maduro has no economic strategy.