VENEZUELA.

• Position: IN THE NEWS 2018: South America - Politics and economy in Venezuela - Brief article

After four years of increasingly autocratic rule by President Nicolas Maduro, Venezuela is near economic and political collapse. Because of the plummeting price of oil--the country's main source of revenue--the government can't afford to import enough food, medicine, and other basics. Severe shortages have led to long lines at stores, looting, and violence. As the country...