Venezuela’s identity, tied to oil, takes bruising over deal with US - The Arkansas Democrat-Gazette
Venezuela’s identity, tied to oil, takes bruising over deal with US - The Arkansas Democrat-Gazette
Source: The Arkansas Democrat-Gazette
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DW NOTE
Venezuela nationalised its oil industry in 1975. Fifty years later, it's offering equity stakes to American firms because PDVSA can't keep the lights on without foreign capital. National identity doesn't survive insolvency — it just gets renegotiated at worse terms.