Political Risk

The last four years of US-Venezuelan relations have been a litany of disaster. We see no immediate improvement in sight, despite the appointment of a more moderate US Latin America... 2005-11-07

President Palacio has decided to by-pass Congress and move ahead with a national referendum on his proposal for a constituent assembly.

Resorting to a last-minute presidential decree, President Eduardo Rodríguez has imposed new rules on distributing congressional seats ending a row that has threatened the forthcoming... 2005-11-04

In October, the Constitutional Court ruled in favour of a 2004 law providing for two consecutive presidential terms. BMI View: The court has yet to rule on one other matter, the Ley... 2005-11-02