How Venezuela Slipped Back

Image result for Venezuela flagHow Venezuela went from the richest economy in South America to the brink of financial ruin | The Independent

Despite Chavez’s victory, the two parties still dominated government institutions, which he saw as antagonists or even potential threats.He passed a new constitution and purged government jobs. Some moves were broadly popular, like judicial reforms that reduced corruption. Others, like abolishing the legislature’s upper house, seemed to have a broader aim.

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