VideoThe Americas

Chavez Moves to Devalue the Bolivar

NewsHour interviews Michael Shifter from the Inter-American Dialogue.Shifter explains that Venezuelan President Hugo Chavez's latest move todevalue the national currency is a last ditch attempt to stabilize theeconomy that is so heavily reliant on oil revenues. Shifter says thatin Venezuela, the price of oil directly effects the political andsocial landscape.

Keep reading for free!

Get instant access to the rest of this article by submitting your email address below. You'll also get access to three articles of your choice each month and our free newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having a personal curator and expert analyst of global affairs news. Subscribe now, and you’ll get:

  • Immediate and instant access to WPR’s fully searchable library of 16,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Weekly in-depth reports on important issues and countries
  • Daily links to must-read news and analysis from top sources around the globe, curated by our keen-eyed team of editors
  • The Weekly Wrap-Up email, with highlights of the week’s most important coverage, and what’s to come.
  • Completely ad-free reading.

And all of this is available to you when you subscribe today.

BEGIN YOUR WPR SUBSCRIPTION NOW

More World Politics Review