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Monday, March 9, 2020

Is 2020 the year for regime change in #Venezuela? | Financial Times

With today's drop in #Oil, it may happen sooner than we thought... 

"the greatest force for change in Venezuela will be the oil price. With a global surplus of supply, and more Opec cuts in the offing, Venezuelan oil is no longer needed in the market. Without substantial export earnings, the government in Caracas is unlikely to be able to provide the investment needed to maintain current production, let alone meet Mr Maduro's target. Even the most authoritarian regimes cannot survive without revenue."

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