Decision Time on Venezuela
For the last 15 years, major Latin American countries have largely ignored the crisis in Venezuela, refusing to condemn or support its leadership's incompetence and abuses. Now that President Barack Obama has decided to classify Venezuela formally as a “national security threat” to the US, this is about to change.
MEXICO CITY – For the last 15 years, Venezuela has been mired in crisis, characterized by wasteful government spending, rampant corruption, growing authoritarianism, relentless human-rights violations, and now economic collapse. But, beyond the occasional sharp word from the late President Hugo Chávez, the periodic expropriation of a foreign company without adequate compensation, and some minor meddling in the elections of neighboring countries, the crisis barely registered abroad. This is no longer the case.
MEXICO CITY – For the last 15 years, Venezuela has been mired in crisis, characterized by wasteful government spending, rampant corruption, growing authoritarianism, relentless human-rights violations, and now economic collapse. But, beyond the occasional sharp word from the late President Hugo Chávez, the periodic expropriation of a foreign company without adequate compensation, and some minor meddling in the elections of neighboring countries, the crisis barely registered abroad. This is no longer the case.