Q&A: Venezuela on the brink

Venezuelan President Nicolas Maduro at a rally in Caracas on May 14, 2016Maduro announced the measure last Friday, saying it would last from May through July but could be renewed into next year. Maduro also said his government would seize factories made idle by owners who complain they can no longer source raw materials for production. The situation is all the more unsettling given that Venezuela is the country with the biggest proven oil reserves in the world.

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