They sell their houses, cars, motorcycles, household goods, clothes and ornaments - if they have any - even at derisory prices, save up a few dollars, take a bus and, in many cases, for the first time ever travel outside their country: they are the migrants who are fleeing Venezuela by the hundreds of thousands.
On-line media have taken the lead, ahead of the conventional media, in reporting in the tense political and economic climate in Venezuela, where freedom of speech and of information are under siege.
Corruption in the Venezuelan state oil industry, denounced by the government itself, and with former ministers and senior managers behind bars, is the latest evidence that, in the country with the largest oil reserves on the planet, the industry on which the economy depends is falling apart.
Hate speech in the media or social networks in Venezuela is now punishable with prison sentences of up to 20 years, according to a new law issued by the government-controlled National Constituent Assembly (ANC).
The macroeconomic data for the close of the year provided by the Cuban government confirms the projections that Cuba would enter a recession as a result of the Venezuelan shock.
Venezuela doesn't want investment treaties anymore if they give investors the right to drag the country before a commercial court. "The system has been set up to break down the nation-state."
Different degrees of economic problems are a common denominator in South American countries where governments that identify as leftist may start to fall, in a shift that began in Argentina and could continue among its neighbours to the north.
Negotiators from the 15-member Caribbean Community (CARICOM) are intent on striking a deal to keep the global temperature rise at 1.5 degrees of pre-industrial levels, but many fear that a 10-year-old agreement to buy cheap petroleum from Venezuela puts their discussions in jeopardy.
A Brussels-based think-tank has warned Venezuela of an impending humanitarian calamity in tandem with growing political instability.
More women could be elected to the Venezuelan legislature, but the new rule on gender parity for the upcoming parliamentary elections has been caught up in the political polarisation that has had this country in its grip for years.
U.S. President Barack Obama has earned a place in history for taking the first steps towards rectifying a policy that has lasted over half a century without ever achieving its primary goal of ending the Castro regime in Cuba.
Latin America presented its own recipes for development in the new era of relations with the United States in the Seventh Summit of the Americas, where Cuba took part for the first time and the U.S. said it would close the chapter of “medd[ling] with impunity” in its neighbours to the south.
A global civil society petition to save the Amazon is circulating on the internet and its promoters say that once one million signatures have been collected indigenous leaders will deliver it directly to the governments of Brazil, Colombia and Venezuela.
For a long time, citizens of the United States have firmly believed that their country has an exceptional destiny, and continue to do so today even though their political system has become totally dysfunctional.
Venezuela is gearing up to pass a new law to combat discrimination against people living with HIV/AIDS, in a country where the epidemic claims nearly 4,000 lives and infects 11,000 mainly young people every year, including increasing numbers of women.
Caught between its quest to grow the economy, create jobs and cut electricity costs, and the negative impacts associated with building an oil refinery, the Antigua and Barbuda government is looking to a mix of clean energy and fossil fuels to address its energy needs.
A group of developing countries brought a tectonic shift at the World Trade Organization on Friday by turning the tables against the industrialised countries, when they offered a positive trade agenda to expeditiously arrive at a permanent solution for food security and other development issues, before adopting the protocol of amendment of the contested Trade Facilitation Agreement.
Although Venezuela has 520 long rivers, taps often run dry, many poor neighbourhoods depend on tanker trucks, water rationing remains a reality, and in some areas water quality is very poor.
In the past 15 years, China has gone from being a relatively insignificant economic partner in Latin America to the number-one trading partner of some of the largest economies in the region.
Government and opposition leaders in Venezuela held a nationally televised debate as a first step to working towards solutions for the economic, social and political crisis marked by over two months of protests.
This much is known: at least 33 people are dead and 461 have been wounded. The rest – questions of who, why and what next for Venezuela – has largely been a matter of speculation.