Opinion: The Venezuelan conundrum
Once one of the most vibrant economies in the world, Venezuela in more recent times has suffered from prolonged periods of political and financial instability, potentially creating conditions that can be exploited by internal and external forces.
The current curses of Venezuela in the form of economic decline, corruption and criminality are not new developments, but since current President Nicolas Maduro came to power things have become worse, much worse. For ideological and strategic reasons Venezuela had supported anti-government guerrilla groups in Colombia, primarily Fuerzas Armadas Revolucionarias de Colombia (FARC), but also the Ejercito de Liberacion Nacional (ELN).
There are
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
-
Collins MAPS Gen II to equip US DoD watercraft
US services have already conducted multiple tests with military maritime systems fitted with the system.
-
OCCAR expects substantial boost in programme numbers “in the coming months”
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.
-
MBDA CEO emphasises “moment of truth” for Europe as company sees €37 billion backlog
MBDA CEO Éric Béranger stressed the company’s role supporting European countries with complex weapon systems and focused on boosting production against the backdrop of “shifting” geopolitical alliances.