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Political & economic turmoil in Venezuela threatens Latin American & global markets (Caribbean News Now, 25 March 2019)

Mar 25, 2019

Venezuela is suffering an economic and political catastrophe that has led to malnourishment, mass protests, two presidents and interference from global powers.

The continued crisis ensuing in Venezuela threatens what is considered healthy economic growth in South America, especially Colombia. If the US government doesn’t lift economic sanctions and PDVSA is unable to participate in the bond market to generate equity to elevate oil production, detrimental financial projections will ensue.

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