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03/01/2018 | Frente Externo
Venezuela’s Downward Spiral
Petroleos de Venezuela (PDVSA) is indicative of the state of Venezuela. The once thriving company, which is responsible for exploration of the world’s largest proven reserves of oil and gas, is on the brink of collapse. Major General Manuel Quevedo, a loyal follower of President Maduro, who has no known energy sector experience is now leading the company. Critics are viewing the appointment as a safeguard against a military coup for Mr. Maduro, who gutted PDVSA of top talent through arrests and firings as he tightens his grip on power. Before the purge, oil facilities were and still are crumbling, production has plummeted, and Venezuela owes billions to Russia and China, which has South American governments and the United States concerned about geopolitical stability in the region.
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16/04/2015 | En Parrilla
A new Americas: Taking Cuba off the U.S. terrorism list
President Obama arrived in Panama for the seventh Summit of the Americas with a clear mission: restore the feel-good atmosphere of his first regional summit in Trinidad. There he received plaudits as the first African-American president, a post-unilateralist leader for a more multipolar world.
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