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.
Zika virus (Zv) infects people via daytime mosquitoes carrying it, and rarely via sex with infected partners. Mosquitoes can bite infected people and then bite others, transmitting Zv to new people.
The constitutional provision that may allow the Right to force the resignation of President Maduro is the recall referendum (Art.72). They already resorted to a recall referendum against Hugo Chavez in August 2004 the then President who won with 59%.
What Saudi Arabia needs to do, in earnest, is take steps to diversify away from oil dependence. There are ample opportunities here -- in tourism, alternative energy, education, the arts, entertainment, entrepreneurship... And there's no better time than now.
After winning its first electoral victory in more than 16 years, the Venezuelan opposition is divided over whether to pursue an electoral or extra-legal path to power. Unfortunately, the U.S. government's foreign policy apparatus is also divided.
My beloved, fractious Venezuela offers a cautionary tale to the United States: You don't want your democracy to end up looking like ours. This has not only polluted the public sphere -- it also invaded the private one, soiling relations among friends, parents, wives, husbands and children.
Surprise! Venezuela, the world's most miserable country (according to my misery index) has just released an annualized inflation estimate for the quarter that ended September 2015. This is late on two counts.
Critical to the U.S.'s ability to get away with its backing of monstrous crimes is the Orwellian nature of U.S. government rhetoric about "democracy" and "human rights," and the main stream press's eagerness to parrot this rhetoric and selectively report upon human rights abuses.
Perhaps it is time for Bernie's followers, the "Sanderistas," to start pressuring their candidate to come up with a more convincing narrative on international affairs.