Venezuela Is On The Brink Of Economic Collapse And Bankruptcy

Sliding Oil Prices Leave Socialist Venezuela On Brink Of Financial Collapse -- Washington Times

President Nicolas Maduro under international pressure for jailing opposition figures

The ongoing plunge in global oil prices is pushing Venezuela toward economic collapse just as President Nicolas Maduro — the hand-picked successor to the late socialist Hugo Chavez — faces mounting international criticism for jailing opposition figures after months of street protests.

Where Chavez once drew praise from the world’s leftist elite for using the high price of crude oil during the 2000s to underwrite a socialist revolution, a growing number of analysts in Washington say Mr. Maduro is clinging to power in a country on the edge of becoming a failed state.

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More News On Reports That Venezuela Is On The Brink Of Economic Collapse And Bankruptcy

Low Oil Prices Pushing Venezuela Towards Default -- OilPrice.com
Oil Shakes Venezuelan Debt to Its Foundations -- WSJ
Venezuela currency controls make Scotch cheap as milk, syringes go short -- Reuters
Venezuela Default Expected Next Year as Oil Tumbles, SocGen Says -- Bloomberg Businessweek
Venezuela's Maduro: Funds for FY2015 are "secured" -- El Universal
Venezuela's int'l reserves down to USD 21.6 billion -- El Universal
Fitch slashes Venezuela rating to pre-default level -- RT
The Markets Are Predicting a Venezuelan Default -- Macro Insider
Opinion: Venezuela squandered oil riches, now faces default -- Christopher Sabatini, CNN
How Serious Are Venezuela's Economic Problems? -- Nathaniel Parish Flannery, Forbes