What’s going on in Venezuela is the unintended consequence of Saudi Arabia’s policy of keeping oil prices deliberately low for political reasons.
Mexico and Chile have been bitterly critical of President Nicolas Maduro’s socialist government over rights and democracy issues, while fellow leftist-led Bolivia and Nicaragua are staunch allies.
There is an intense similarity between the Venezuelan crisis and what we find in some other democracies – the same populist response to crisis and the same hesitation of the Left to take note of the class basis of this response.
Trump’s threat is a surprise escalation of Washington’s response to Venezuela’s political crisis that Caracas has disparaged as “craziness”.
A selection of the past week’s multimedia stories.
Wuilly Arteaga had become an iconic face in anti-Maduro protests, playing the national anthem as tear gas enveloped him and rubber bullets flew around him.
Faced with a rising tide of popular discontent and pressure from the US and Mexico, the OAS looks to chastise a belligerent Venezuela which accused the member nations of being “lapdogs of imperialism”.
At least 66 people have died in the Venezuelan crisis since demonstrations began against President Nicolas Maduro more than two months ago.
Fifty-nine people have died in the often violent street melees, which President Maduro calls an effort to overthrow his government.
Prosecutor Luisa Ortega has also accused security officers of using excessive force.
“We’re starting to see serious instability in Venezuela,” US ambassador to the UN Nikki Haley told reporters after the closed-door Security Council meeting, which was requested by the US.