Nine out of every ten Venezuelans live in poverty and the average Venezuelan has lost 24 pounds in the past year alone. This is not what democracy looks like.

In this week's show, Venezuela expert Moisés Naím explains how this oil-rich country fell so far and why, as a former government official himself, he takes that personally.

+Syria Attack(?) +Lula in Jail +Orban Wins again +The Zuck Stops Here

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A man holds up a Venezuelan flag while taking part in a march calling for amnesty for political prisoners and to mark Youth Day, in Caracas, Venezuela, February 12, 2026.
REUTERS/Maxwell Briceno

US-backed negotiations are opening a possible path to democratic elections in Venezuela – even as the country’s most popular opposition leader remains outside the room.