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Buchheit and Gulati: The Coming Need for a Standstill in Venezuela

By Guest writer Oct 10, 2017 5:00 AM EDT

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By Lee C Buchheit and Mitu Gulati

When officials of a new administration finally take office in Venezuela they will not have a pleasant first day on the job. On the present trajectory, they are likely to find international reserves exhausted, an oil sector in disrepair, a colossal debt, ruptured relations with the international community, hungry and angry citizens. Something disagreeable is apt to slither out of every file drawer they open.

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