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Venezuelan crisis

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Venezuelan crisis
Under President Nicolas Maduro, Venezuela's prosperity and stability have evaporated. In 2014, Venezuela entered recession. In 2015, the country's inflation rate soared to its highest in history. Failing healthcare, food shortages, corruption and increased crime underpinned deepening dissatisfaction with Maduro's government, enabling the opposition to win control of the National Assembly. Full-scale political meltdown followed when, in October 2016, the National Electoral Council called for Maduro's removal from the presidency. Months of deadly protests and a crackdown on dissent further polarised the country. In July 2017, Maduro convened a new Constitutional Assembly, made up of his allies, to replace the Venezuelan Constitution and supersede the opposition-controlled National Assembly. Condemnation from the international community was scathing: Maduro was branded a "dictator" intent on undoing Venezuelan democracy. The decade-long standoff reached a climax on January 3, 2026, when a US special operations raid in Caracas resulted in Maduro’s capture.
China-Latin America relations

‘Venezuela is our home’: Chinese Venezuelans rally after earthquakes

Merchants across the country transformed shops, warehouses and community networks into a relief effort after the deadliest quakes in decades.

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In Venezuela, China’s oil-for-loan deals run into huge US-led debt restructuring

US casts Cuba as China-linked security threat while still pushing for talks

Washington portrays Havana as a national security risk tied to Beijing and Moscow while insisting diplomacy remains possible.

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Video | How did oil-rich Venezuela spiral to instability?

The Venezuelan oil industry has made the country rich, but economic mismanagement and foreign interference led to years of instability.

Chavez
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