{"id":1015,"date":"2014-03-24T10:00:24","date_gmt":"2014-03-24T09:00:24","guid":{"rendered":"https:\/\/blog.iese.edu\/doing-business\/?p=1015"},"modified":"2014-04-13T17:49:54","modified_gmt":"2014-04-13T16:49:54","slug":"what-about-venezuela","status":"publish","type":"post","link":"https:\/\/blog.iese.edu\/doing-business\/2014\/03\/24\/what-about-venezuela\/","title":{"rendered":"After Crimea, What about Venezuela?"},"content":{"rendered":"
\"www.telegraph.co.uk\"<\/a>
www.telegraph.co.uk<\/figcaption><\/figure>\n

As expected, Russia has annexed Crimea<\/strong> and will have enormous influence on Ukraine\u2019s interim Prime Minister, Arseniy Yatsenyuk unless he wants to also lose the Eastern half of his country.<\/p>\n

At issue is that Germany and other European countries are too reliant on Russian natural gas and will not support a complete break with Moscow <\/span><\/a>. Without allied support, U.S. President Barak Obama can not threaten military action because he will then look too much like his predecessor George W. Bush!<\/p>\n

Meanwhile the world is still searching for Malaysia Airlines flight MH370!<\/p>\n

\"The<\/a>
The Aviationsit<\/figcaption><\/figure>\n

These two stories have all but pushed the situation in Venezuela<\/strong> almost completely off the media agenda around the world and as I was reminded by a Venezuelan participant in our Advanced Management Program in Media & Entertainment<\/strong>\u00a0(AMP<\/a>) last week in New York, the situation is getting increasingly serious! Her organization, CNN<\/a>, still has a team in Caracas.<\/p>\n

33 deaths so far<\/b><\/p>\n

According to the BBC<\/a>, at least\u00a033 people have been killed so far in the protests against Nicolas Maduro‘s government and two were killed this weekend. <\/span><\/a><\/p>\n

For those of you who have not managed to follow the events, Hugo Chavez died about a year ago and hand picked Nicolas Maduro to replace him. After first being interim president, Maduro threw the entire state apparatus and controlled media behind his candidacy and still beat opposition candidate Henrique Capriles by only 1.5 % in the official, but highly contested, vote on April 14th last year.<\/p>\n

Meanwhile\u00a0Maduro’s government has proven to be a disaster<\/strong> and the country has seen a complete breakdown in law and order, hyperinflation and economic collapse, and an increasingly repressive regime.<\/p>\n