Venezuela’s Odd Transition to Dictatorship
Venezuela proved last week that it can still defy regional trends. By suspending the process to carry out a recall referendum on President Nicolás Maduro, Venezuela became the only country in Latin America since the late 1970s to experience the transition to a full dictatorship. When I started studying Venezuela in the early 1990s, the … Read more
Untapped
Since the days of Richard Nixon, U.S. presidents have called for energy independence — even as their country’s appetite for foreign sources of oil has continued to grow. Today the U.S. consumes almost a quarter of global oil supplies, with little sign of a cutback in consumption, which will likely consign President Barack Obama’s $150 … Read more
Sur Solidarity: Bolivarian Dreams of Integration Confront Economic Reality
Sudden and sharp shifts in commodities and financial markets in the last few months are realigning geopolitics worldwide. Venezuelan President Hugo Chávez, whose ambitions are greased by oil wealth, is taking an especially hard hit. An early casualty of the global economic slide could be the regional alliances promoted by Chávez to challenge what he … Read more
Deal with the Left’s Resurgence
The landscape of