Economics

Oil Prices Push Venezuela To Brink Of Economic Collapse

Oil prices push Venezuela to brink of economic collapse

The ongoing plunge in global oil prices is pushing Venezuela toward economic collapse just as President Nicolas Maduro – the hand-picked successor to the late socialist Hugo Chavez – faces mounting international criticism for jailing opposition figures after months of street protests. Where Chavez once drew praise from the world’s leftist elite for using the high…

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