Virginia Lopez, correspondent for AL JAZEERA: Oil is Venezuela's lifeline. Ever since it was first pumped in 1914, oil has found a way of permeating every aspect of Venezuelan life. Initially it helped the backward, malaria-infested Caribbean nation out of poverty, and decades later nurtured a culture of easy wealth. And now - because Venezuela relies on oil for 95 percent of its revenue, and imports almost everything it consumes - the drop in the price of oil is challenging the government of the late Chavez's chosen successor, President Nicolas Maduro.
Latest from John Shanahan
- Climate change in the Baltic region in the last 1000 years (Sebastian Luening, Kalte Sonne) Germany
- Survey about fossil fuels, man-made climate change, nuclear (John Shanahan, John Droz) USofA
- Retired Adm. William McRaven asks Trump to revoke his security clearance (Grace Segers, CBS News) USofA
- China building nuclear power house (Axios, Zachary Basu) USofA
- Russia and China building nuclear power plant alliances (Nikkei Asian Review, Tomoyo Ogawa) Japan