Venezuela is a federal republic located on the northern coast of South America. The world's largest oil reserves were discovered in the early 20th century.
The recovery of oil prices in the early 2000s gave Venezuela an economic boost. The government of Victor Chavez in Caracas then established populist policies that initially boosted the economy and increased social spending, significantly reducing economic inequality and poverty. These policies later became controversial since they destabilized the nation's economy, resulting in hyperinflation, an economic depression and a drastic increase in poverty. Here you can find an automatic compilation of all DW content on Venezuela.
The vice president began his trip in Colombia ahead of visits to Argentina, Chile and Panama. Talks with foreign leaders are likely to be dominated by a political crackdown in Venezuela and drug trafficking into the US.
In a surprising escalation of tensions over an ongoing political crisis, Trump has raised the prospect of military action in Venezuela. The Pentagon has said the White House has not issued any orders to the military.
The US has sanctioned members of the new constituent assembly voted in last month. While it boycotted that vote, the opposition plans to take part in regional polls in an effort to limit President Nicolas Maduro's power.