South America/Venezuela

Even the US business magazine Forbes expressed surprise at the reimposition of US sanctions on Venezuela’s gold sales and its threat to do the same with oil. The oil sanctions especially, if reinstated, would precipitate higher gas prices and further debilitate the Venezuelan economy,…

Western economic punishments on Russia continue to severely limit its economic prospects. But they also risk hastening the development of sanctions evasion techniques and rival economic mechanisms outside the control of Brussels and Washington. By John P. Ruehl mmediately after…

Mexico’s President Andrés Manuel López Obrador (AMLO) visited the United States on July 12 and offered five proposals to U.S. President Joe Biden. These proposals are based on AMLO’s in-depth knowledge of Mexican history and his reading of the economic crisis…