OM’s Chatter: Africa Bits & ME Skits

No Natural Disasters Here, Metaphorical or Otherwise

On this episode of OM's Chatter, Vennesa and Karan discuss Trump, Venezuela, OPEC, and a new segment called 'Africa Bits'. First up is Trump's wander in the Middle East and what effect the show he's putting on will have on his awful ratings (if any). Then we wander over to Brazil to catch up with VP turned President Temer and why his new title might be short lived (spoiler: more or less the same reason Rousseff got the boot). Third, we take a look at the recent OPEC meeting and what it means for Venezuela in light of continued hyperinflation, protests, and food and medical shortages. Last, but certainly not least, we turn to Vennesa's maybe regular 'Africa Bits', in which she continues to pick

Venezuela & The Maduro Government: A Familiar Story

Venezuela Drilling Oil

This article was originally published on March 21, 2016.   Black Gold. Oil. Petroleum. No matter what you call it, it has always been, and will continue to be for the foreseeable future, a valuable resource. It has inebriated many nations with the staggering income it generates in times of boom, but equally cripples them in times of bust. Consider the following picture in Venezuela: Civil unrest, commodity price hikes including gasoline and strict economic reforms in order to service foreign debt. To previous generations it may sound like déjà vu. Though this is an accurate representation of events currently unfolding, I was actually making reference to the mid to late 1980s: a period in history when oil prices fell, Venezuela’s economic growth slowed, and