Pulling Venezuela back from the brink
In just the past few weeks, President Obama has opened official ties with Cuba and clinched a nuclear deal with Iran. Now Venezuela, another longtime US adversary, might be next in line for a bit of reconciliation with Washington.
Secretive negotiations between the two countries have picked up in recent months, perhaps reversing years of belligerency and estrangement. The talks have come none too soon. Venezuelas economy is faltering fast, even more so than Greeces, with mobs looting supermarkets, inflation reaching triple digits, and opposition figures like Leopoldo López being thrown in jail by President Nicolás Maduro.
The rest of the world, especially other countries in Latin America, should be cheering on these talks. The country has experienced an average of 14 protests a day. A collapse of the Venezuelan economy or its government is in no ones interest, especially its neighbors.
With the worlds largest known oil reserves, Venezuela could eventually be a model for other countries in how to use its resources well, instead of being a sad lesson in corruption, personal rule, and economic mismanagement.
http://news.yahoo.com/pulling-venezuela-back-brink-204403840--politics.html
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