Bloomberg
Reporter Andrew Rosati covers the economy and government in Venezuela for Bloomberg. He is based in Caracas.
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Andrew Rosati
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FROM Andrew Rosati
To the Point
Are Venezuela's troubles the legacy of populism? Twenty years ago, the late Hugo Chavez promised to save democracy in Venezuela. Today, Venezuela is moving toward a dictatorship, with the opposition divided against authoritarian President Nicolás Maduro. Late last year there were massive street protests, and this weekend the Supreme Court stripped the legislature of its power. When the rest of the world took notice, that ruling was mostly reversed -- but economic depression continues, and the government refuses food or medical aid. We hear what life is like in the nation with the world’s largest oil reserves -- and hear a debate about how it got that way.
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