Retrieved
The impact on Venezuela’s already failed economy will be immense, leading to greater starvation in a country already reeling from a major economic crisis. It is feared that the Venezuelan state could implode, creating further instability in a region marred for decades by asymmetric conflict between various state and armed non-state actors. Already, Caracas has lost control of vast swathes of territory which is under the control of non-state armed groups including leftist Venezuelan collectives (colectivos in Spanish) and Colombian guerillas, notably the ELN, and paramilitaries. By Matthew Smith. Full Text-> Oilprice.com
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