Brazil may have wanted Venezuela in the South American trade bloc to protect its companies. But will it work?
Venezuela's squandering of its oil wealth has left its economy in tatters while leaders merely blame the US. As more resource-rich nations learn to dodge the 'oil curse,' Venezuela can do the same.
US hopes that the post-Chávez era might usher in better US-Venezuelan ties were dashed with President Maduro's announcement that he was expelling three 'Yankee' diplomats.
Attention in the run-up to Brazil’s inaugural pre-salt auction has been strikingly dissimilar to the tectonic-shifting announcements of the pre-salt several years ago, Arthur writes. Yet with a mix of emerging market and European players, the list of bidders is perhaps a reflection of the nature of exploration and production in the Americas today.
Venezuela arrested three low-level military officials after more than a ton of cocaine was found on a flight from Venezuela. The US has long accused military officials there of involvement in trafficking.
President Maduro said the decision to leave the court is 'fair and just,' despite claims that it violates the country's Constitution.
Hugo Chávez had close ties with Venezuela's military, and hopes for a more progressive civilian policing model under President Maduro seem to be losing out to militarized strategies.