Central America Encourages Migrants to Leave—And Then Rakes in U.S. Dollars

The three Northern Triangle nations have done little to provide for the poor. Central American refugees ride a cargo truck in Mexico. Photographer: Alejandro Cegarra/Bloomberg Honduras, Guatemala and El Salvador are, by all accounts, countries ravaged by gang violence, drug trafficking and … Read More

Venezuela’s Collapse Frays Its Economic Ties With Russia

posted in: News, Russia

President Nicolás Maduro of Venezuela, center left, meeting with President Vladimir V. Putin of Russia, center right.CreditCreditPool photo by Maxim Shemetov MOSCOW — In his toughest moments, Venezuelan President Nicolás Maduro has turned to Russia for support. When the United … Read More

Venezuela to Use Ruble in Trade with Russia to Bypass US Sanctions

posted in: News, World News

TEHRAN (FNA)- The Russian currency will replace the dollar in transactions between the two countries, Tareck El Aissami, Venezuela’s vice president of the economy, said at the St. Petersburg International Economic Forum. “Unilateral American sanctions are preventing us from using … Read More

Venezuela has finally admitted to the awful state of its economy

posted in: News, World News

Five years of ruin. This week Venezuela’s central bank unexpectedly published data (link in Spanish) on economic growth and inflation. It’s the first time in years that official figures on the economy have been released. Regular updates stopped in 2015 as president … Read More

Venezuela’s Maduro is paranoid, isolated and is sleeping in a bunker as he clings to power in his shattered country

posted in: News, World News

White House national security adviser says Nicolas Maduro is hiding in a bunker Mauricio Claver-Carone claims Venezuelan president has lost his inner circle  Trump administration adviser said the opposition uprising had not been a failure  He added Russian and Cubans around Maduro shows … Read More

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