Venezuela’s economic collapse and Washington’s new sanctions on companies shipping Venezuelan oil to Cuba have plunged the island nation into its most severe energy crisis since the collapse of the Soviet Union in the early 1990s. In response, Havana is looking to its old ally Russia to plug the hole in energy supplies left by the decline in Venezuelan shipments. But the crisis is hampering plans to implement economic reforms that Havana hopes will respond to popular demands for economic liberalization while retaining the Communist Party’s political dominance. Visiting Cuba last week, Prime Minister Dmitry Medvedev promised that Russia would [...]
The Americas
In this week’s editors’ discussion on Trend Lines, WPR’s Judah Grunstein, Frederick Deknatel and Laura Weiss talk about the recent protests in Egypt and what the government crackdown against them says about President Abdel Fattah el-Sisi’s hold on power. They also discuss the background of Peru’s constitutional crisis and the contradictions on display during the 70th anniversary celebrations of the People’s Republic of China. If you like what you hear on Trend Lines and what you’ve read on WPR, you can sign up for our free newsletter to get our uncompromising analysis delivered straight to your inbox. The newsletter offers [...]
There is no shortage of high-stakes, bitter political battles across the globe today. Few, though, can compete with the drama unfolding now in Peru, where a standoff between the president and the opposition-controlled Congress has suddenly erupted into an unprecedented constitutional crisis. On Monday, President Martin Vizcarra dissolved Congress, and Congress responded by suspending Vizcarra on the grounds of his “permanent moral incapacity,” swearing in Vice President Mercedes Araoz as his replacement. No one is quite sure which move was legal. If the president’s dissolution of Congress is valid, then the Congress was not entitled to remove Vizcarra. If the [...]