How did Venezuela's late president, Hugo Chavez, harness the power of oil for his political agenda? During his years in power, Chavez used oil profits to fund social programs - and win the support of the poor.
Venezuela might look bad right now amid protests, scarce food and political turmoil. But analysts warn the worsening debt crisis could greatly exacerbate the dire situation - and possibly force a regime change.
The political opposition has been waging an ongoing campaign to try and oust embattled President Maduro. But the president has been using the powers and influence of his office to block his political opponents.
Venezuela is flush with oil, but strapped for cash. Empty store shelves and hospitals short on medicine have driven its people to desperation. DW outlines five key points to understanding the oil-based crisis.
The embattled president has announced plans for a new assembly tasked with rewriting Venezuela's constitution. Critics have called on citizens to "disobey such craziness," describing the move as "constitutional fraud."
© 2018 Deutsche Welle |
Legal notice |
| Mobile version