
The government of Guyana has declared Venezuela a “regional threat” after the socialist nation imposed an expansion of its “integral maritime zone” deep into Guyanese waters, just months after President Obama denounced Venezuela as a threat to America’s national security.
by Frances Martel9 Jun 2015, 7:15 PM PST0

The value of Venezuela’s bolivar currency collapsed this month, as air carriers and U.S. automakers announce they will only do business in U.S. dollars.
by John Sexton26 May 2015, 9:06 PM PST0

The rapid and steady decline of Venezuela’s national currency, the Bolívar, is forcing a growing number of businesses to do trade only in American dollars, freezing out Venezuelan citizens from buying cars, renting apartments, or boarding flights offered by businesses that refuse their currency even when they can muster an equivalent amount of retail prices in Bolívars.
by Frances Martel26 May 2015, 9:10 AM PST0