Two money quotes (WSJ, Jan 2020):
- "The country’s authoritarian president, Nicolás Maduro, who received political training in Cuba and publicly exalts the glories of socialism, has begun allowing companies to operate with a freer hand, according to business owners and economists."
- "Venezuela remains an economic basket case. Its economy contracted by 60% during Mr. Maduro’s tenure and is widely predicted to shrink another 10% this year. But business people say they are experiencing the first signs of an economic rebound."
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