The regime of Venezuelan President Nicolas Maduro will probably remain in power after elections scheduled for late July. But the past few weeks have been unusually positive ones for Venezuela’s opposition. The faintest glimmers of optimism have begun to appear due to events unfolding in ways that have caught the Maduro regime off guard.
Domestic Politics
“America always does the right thing, after exhausting all other possibilities.” Those words, attributed to Winston Churchill, perfectly capture what finally transpired late last week, when the U.S. Congress finally passed a series of supplemental defense spending bills earmarking military aid for Ukraine, Israel and Taiwan.
For decades, Panama has enjoyed relative economic prosperity and political stability compared to its neighbors. But after years of simmering popular discontent that culminated in massive protests last year, and amid political uncertainty ahead of an upcoming presidential election, its economic prospects look grim.