Socialism led to a once-rich country running short on toilet paper. Capitalism has put an impoverished country on the path to ...

The Republicans' latest major legislation may not solve the deficit completely, but it does make real cuts to bloated ...

Information vacuums are common in Táchira, a Venezuelan state on the border with Colombia. In 11 of its 29 municipalities, ...

Growing up in Venezuela and now living in the United States, I’ve always felt caught between two independence days: July 4th ...

According to U.S. prosecutors, Carvajal used his powerful military role to protect drug shipments, work with Colombian rebel group FARC, and allow tons of cocaine to enter the U.S. illegally. He ...

The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage halted all operations.

Venezuela's history is one of dramatic contrasts,emerging as a wealthy nation rich in natural resources, particularly oil, ...

Venezuela’s 360% inflation fuels migration, poverty While the economy is slowly improving, a quarter of Venezuela’s population has left the country as high inflation and low wages persist.

The persistence of American poverty. “We could afford to end poverty,” Matthew Desmond tells us. That we don’t is a choice. Early in my college teaching career, upon sharing an incidental ...

A new study using nighttime light emissions to estimate poverty rates in Venezuela found that, in recent years, rural poverty increased throughout most of the country, except in areas clustered ...

Archbishop Ulises Gutiérrez of Ciudad Bolívar and second vice president of the Venezuelan Bishops’ Conference, lamented that the country is falling back into “extreme poverty.” In a ...

Poverty is decreasing, and even though inflation is still high, hyperinflation and food shortages have largely ended. Yet not everyone is benefiting from Venezuela’s economic shift.