In 1998, a career military officer was elected president of the wealthiest country in Latin America on a platform of socialism. It was an election victory that shocked the world, as many believed that the catastrophic failure of the Soviet Union, had closed the book on socialism as a governing philosophy.
Venezuela, a country beset by poverty and mass human rights abuses under the regime of dictator Nicolas Maduro, took its seat Monday on the U.N. Human Rights Council -- a move that critics of the council see as further proof that the controversial body is in desperate need of reform.
U.S. President Donald Trump
has decided to step up a sanctions campaign on Venezuela's oil
sector and will be more aggressive in punishing people and
companies that violate it, the top U.S. envoy to the Latin
American country said on Monday.
Members of a committee tasked
with overhauling Venezuelan state oil firm Petróleos de
Venezuela, S.A., or PDVSA, asked the company's vice
presidents on Friday to offer their resignations, three sources
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