Oil Wars

Some recent economic growth rates from around Latin America: Brazil 9% in Q1 Mexico 4.3% in Q1 Peru 9.3% in April Paraguay 11% in Q1 Ecuad...

The "socialism" of Hugo Chavez has always been notable for its lack of clear definition. Well today maybe it became a bit clearer ...

Back in the days when I actually believed Chavez when he talked about new projects and plans I would have gotten all worked up and excited o...

As is well known, Venezuela has an official fixed exchange rate between the its Bolivar currency and the U.S. dollar. It is also well known...

Want to see a clear example of why Venezuela is not developing? Take a look at the beginning of this video: Chavez shows off his shiny new ...

Today Mark Weisbrot wrote yet another interesting article on Venezuela's economic situation - this time entitled " Venezuela is not...

It looks like the combined incompetence of British Petroleum and the U.S. government are going to wipe out a good chunk of the Gulf of Mexi...