Venezuela's bolivar is collapsing. And as night follows day, Venezuela's annual implied inflation rate is soaring. Last week, the annual inflation rate broke through the 500% level. It now stands at 510%.
The resistance displayed by OAS leaders to U.S.-imposed sanctions during the recent OAS summit highlights the severity of the credibility gap the United States faces in its attempts to counter adverse political conditions in Venezuela.
One of the most valuable results of mapping informal settlements is highlighting that many self-built houses in the settlements are just as old as the city's first skyscrapers.
I have felt an acute sense of detachment, from the college community, in its response -- or lack thereof, I should say -- to particular global issues, including those pertaining to Venezuela.
The practical effects of the U.S. sanctions for the seven Venezuelan officials concerned are minimal. The impasse between Washington and Caracas will eventually be solved. But the final and most important question remains unanswered...
The U.S. has a spotty and turbulent history intervening in Latin America and the Caribbean, but outside of drug interdiction, the western hemisphere has largely taken a backseat when it comes to foreign policy during the Obama administration.
What the Venezuela sanctions made clear is that President Obama's opening to Cuba represented exactly zero change in Washington's overall strategy toward the region: The intention of expanding commercial and diplomatic relations with Cuba was mainly to pursue a more effective strategy of undermining the Cuban government -- and all the left governments in the region.
It's time for a confession. I have worked as a "foreign agent."
The contradiction between the Venezuela sanctions and the opening to Cuba is probably more apparent than real. A majority of the U.S. foreign policy establishment has wanted to normalize relations with Cuba since at least the 1990s.
Venezuela has the dubious honor of registering the world's highest inflation rate. According to my estimate, the annual implied inflation rate in Venezuela is 252 percent. The only other country in which this rate is in triple digits is Ukraine, where the inflation rate is 111 percent.
I had the privilege of interviewing Bituaya, a very diverse Venezuelan band -- with roots in the Afro-Venezuela, indigenous and white communities -- that fuses electronic and Caribbean music.
Armenia's President Serzh Sargsyan has invited several world leaders to Yerevan on April 24 to commemorate the Centennial of the Armenian Genocide. Here are 10 reasons why Air Force One should make an auspicious landing in Yerevan's Zvartnots International Airport on April 24.
MEXICO CITY -- For the last 15 years, Venezuela has been mired in crisis, characterized by wasteful government spending, rampant corruption, growing authoritarianism, relentless human rights violations, and now economic collapse. But, beyond the occasional sharp word from the late President Hugo Chávez, the periodic expropriation of a foreign company without adequate compensation, and some minor meddling in the elections of neighboring countries, the crisis barely registered abroad. This is no longer the case.
Where there is complexity there is depth, and in my week long trip to Curacao, I took pleasure in peeling away the many layers that make this autonomous country within the Kingdom of The Netherlands just plain beautiful.
A focus on the Middle East, Russia and East Europe, and East Asia is always warranted. But it would be a mistake for the United States to ignore events in its own hemisphere, especially as we've seen what happens when a problem isn't addressed until it is too late.
While the press continues to vilify Venezuela, to the exclusion of any Colombian coverage, Colombians are actually seeking safe haven in Venezuela -- an irony worth noting.