Tag "PDVSA"
An Ecosystem in Crisis: Environmental Degradation in Venezuela
Venezuela’s biodiverse environment, from its share of the Amazon rainforest to its lakes and coastline, has suffered increasing levels of pollution and degradation in recent years. Venezuela’s reliance on extractive practices including mining and its ageing oil industry is one of the main drivers of the degradation of its environment. Given the attitude of the Maduro regime, the situation is set to worsen.
Delaying the inevitable: What’s preventing Venezuela’s default?
Venezuela’s default is a question of ‘when’ rather than ‘if’ – so why doesn’t it happen? A court in Delaware may hold the answer.
Is PDVSA running out of fuel?
The PDVSA payment delays showed that the Maduro administration, strapped for cash, is fighting for its economic and political survival.
Russia’s growing influence in Venezuela is part of a wider strategy
Russia’s investments in Venezuela show that the Kremlin stands ready to make strategic gains from America’s growing insularity.
Why is the international community not intervening in Venezuela?
External intervention in Venezuela is not on the table and the international community favours an internal solution, regardless of how difficult it may be.
Can new elections save Venezuela?
Thousands of demonstrators have taken to the streets in the last few weeks, demanding early elections and the resignation of President Nicolas Maduro.
Crackdown continues as Maduro’s approval declines
On 3 December, Maria Corina Machiado was given notice that she will face criminal charges for her alleged involvement in a plot to assassinate President Nicolas Maduro. Adding to the
Government shakeup won’t improve Venezuela’s investment climate
The reshuffling of Venezuela’s executive branch was meant to boost President Maduro’s popularity and increase confidence in the United Socialist Party’s economic policies. However, the reshuffle does not incorporate impartial and moderate
Armed conflict, stalled bureaucracy limit Colombia’s economic growth
Global Risk Insights has reported that the largest problem for Venezuela’s PDVSA and Mexico’s Pemex is falling oil production. Now, another South American country, Colombia, has also reported a decrease in oil
The future of oil exporters in Latin America
Mexico has liberalized its oil sector and Venezuela tries to survive a wave of violent protests. What does the future of oil look like in Latin America? The politics of
