US seizes oil tanker off Venezuela
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Experts warn Venezuela's fragile economy could collapse under a prolonged war with the U.S., amid sanctions, hyperinflation, depleted oil revenues and mounting foreign debt.
An informal peer-to-peer crypto economy is now central to Venezuela’s economy, and should be considered as President Trump ratchets up tensions with the country, a new TRM report says.
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Economists warn Venezuela's fragile economy won't withstand war with the US., despite Maduro's defiance: report
Despite Maduro's assertions, experts warn that a prolonged war with the United States would jeopardize Venezuela's economy, and the country's limited resources to sustain an armed conflict would only deepen the ongoing crisis in the Latin American nation.
Venezuelan President Nicolas Maduro said on Tuesday the country's economy will grow by 9% by the end of 2025, and will likely grow by 7% in 2026. "This year we will reach 18 consecutive [quarters] of growth.
Speculation about Venezuela is so rife these days that it’s pointless to add more dubious predictions. One thing, however, is clear: if Nicolás Maduro’s regime finally falls — a big if, even with the current US military buildup in the Southern Caribbean — the country will be staring at one of the most monumental economic reconstruction efforts in modern history.
Now the longest-serving president in power in Latin America, with 12 years and seven months in office, he has stayed in control as the country has lost millions of residents, seen a 72% economic contraction,
Maduro has survived predictions and ridicule, but along the way, Venezuela lost millions of inhabitants, 72% of its economy, democratic legitimacy in the eyes of much of the world, and many of its most important international allies.