Henrique Capriles Radonski

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Venezuela's new president Nicolas Maduro at his inauguration (photo:dpa)

Oil price is critical for Venezuela’s new president

Venezuela’s new president, Nicolas Maduro was hand-picked by Hugo Chavez to be his successor. He now follows the mixed legacy of his mentor but without his charisma or his political leadership abilities. The political landscape for Venezuela has many problems but everything is hinged to the world price of a barrel of oil.


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