It always takes a day or two to diligently assess any earth-shattering event that has the potential to shake markets to their very core. In the current scenario, this refers to the impact of the Venezuelan crisis, precipitated by the US capture of the country’s former strongman and the appointment of his replacement—his deputy—rather than the legitimate opposition leader.
What do Russia and Venezuela have in common? They are allies, and both sit on enviable oil wealth (the latter much more so than the former). What are the major differences between Russia and Venezuela? They are on different continents; the latter lies within the US sphere of influence and does not possess nuclear weapons.
It always takes a day or two to diligently assess any earth-shattering event that has the potential to shake markets to their very core. In the current scenario, this refers to the impact of the Venezuelan crisis, precipitated by the US capture of the country’s former strongman and the appointment of his replacement—his deputy—rather than the legitimate opposition leader.
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