Is Venezuela a world power? What you should know
Is Venezuela a world power? What you should know
Fresh scrutiny of Venezuela’s global standing has followed the latest United States strikes on the country, bringing renewed focus to a long-standing question: how a nation blessed with some of the world’s richest natural resources holds so little international power.
Natural wealth without economic strength
Venezuela holds the world’s largest proven oil reserves, according to OPEC and the BP Statistical Review, surpassing major producers in the Middle East.
Beyond hydrocarbons, the country ranks among the top 10
Continue Reading on The Guardian Nigeria
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.