#Hugo Chávez

Author: John Otis / Source: NPR.org In less than a month, Juan Guaidó has risen from obscure, junior lawmaker to self-proclaimed interim president of Venezuela and the most serious threat yet to the authoritarian government of Nicolás Maduro. Guaidó, who defied Maduro by taking the oath of

Author: Scotty Hendricks / Source: Big Think Recently, it has occurred in several countries that were doing well even a few years ago. Can it happen here? Many of us who have ever dared to complain about the place we live in have heard the juvenile rebuttal “If you don’t like it, why don’t you

While Venezuela’s embattled government struggles with the fallout from being declared officially in default by ISDA after delaying a principal payment on the Petroleos de Venezuela SA, or PDVSA, bond that matured Nov. 2, its Supreme Court has been busy robbing the country’s downtrodden public one

As reported earlier, Venezuela's state-run oil company surprised naysayers who speculated that today may be the day PDVSA finally defaults on its $842 million bond issue. In a statement, PDVSA “confirms its full solvency and capacity to fulfill its commitments, despite the economic war and the

Authored by Rafael Acevedo & Luis B. Cirocco via The Mises Institute, In order to understand the disaster that is unfolding in Venezuela, we need to journey through the most recent century of our history and look at how our institutions have changed over time. What we will find is that