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Why Venezuela’s Economy Is Such A Disaster


Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. Today, we speak with Chris Sabatini about the politics behind Venezuela’s unusual economic policies and why the Obama administration is facing a backlash for sanctioning Venezuelan officials accused of abusing human rights.
Venezuela’s socialist government has long been one of the region’s most controversial. Former President Hugo Chávez, who died in March 2013, launched a left-wing, nationalist political movement that defined itself in opposition to U.S. influence in Latin America, which he derided as “Yankee imperialism.”
Since Chávez’s successor Nicolás Maduro has taken …read more

Source: The Huffington Post

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