When I last wrote about Venezuela in May, protests raged across the country. They derived from the ruling regime-controlled Supreme Court attempting to wrest power away from the National Assembly, Venezuela’s federal legislature and last vestige of opposition voices in the government. The move was met with harsh criticism at home and abroad, and President […]
Devaluation is the word of the day in oil exporting countries. Whether it is the Nigerian naira, the Venezuelan bolívar, or the Russian rouble, low oil prices are wreaking havoc in oil exporting economies and on their national currencies.
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