Once one of the world's richest nations, Venezuela has faced a decadeslong collapse that triggered one of the largest ...

Trump administration officials say the Venezuelan government only has a few weeks before they “go broke” if it doesn’t “play ...

The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to the rest of Asia. At ...

We've talked about some incredibly poor countries on this channel before, but perhaps nothing as bad as the small East ...

In 1980, South American countries exhibited similar income levels, with Venezuela ranking among the more affluent economies.

Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal ...

Venezuela’s economy collapsed after 2014—hyperinflation, output drops, and a 70% income plunge despite vast oil.

Iran remains at the forefront of economic upheaval and political unrest. While protests continue to escalate, the Iranian ...

While global oil output rose, Venezuela's share of world production reduced to less than one per cent, even as it retained ...

The United Nations’ flagship World Economic Situation and Prospects report, released on Wednesday, also highlighted how ...

Renowned economist Peter Schiff has sounded alarm bells, predicting an impending “historic economic collapse.” Schiff’s outlook for the US dollar is equally bleak, as he recently suggested that the ...

With widespread power outages, medicine shortages and rising food prices, experts say Cuba’s economy has never been worse, ...