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Graphic Truth: How Bad Is Venezuela's Collapse?

Graphic Truth: How Bad Is Venezuela's Collapse?

Low oil prices, economic mismanagement, and political uncertainty have plunged Venezuela into an economic tailspin virtually unknown among countries during peacetime. By the end of this year, Venezuela's economy will have shrunk by 63 percent since the current political crisis erupted in 2016. Here's how that drop compares with other notable economic collapses over the past century.

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Russian President Vladimir Putin at the Kremlin in Moscow, Russia, on April 14, 2026.​

Russian President Vladimir Putin attends a meeting with Rosseti CEO and Board Chairman Andrei Ryumin at the Kremlin in Moscow, Russia, on April 14, 2026.

Sputnik/Alexander Kazakov/Pool via REUTERS
Putin ups the ante – but should he?Russia continues to bombard Ukraine, killing 17 people in a wave of drone and missile attacks overnight. But the Parliament also signed a law on Tuesday that would allow the military to attack any country that holds Russians captive. Europe fears that Russian President Vladimir Putin will use this as a pretext to [...]
​Smoke rises after an explosion at the U.S. Embassy compound in Baghdad, Iraq, on March 17, 2026.

Smoke rises after an explosion at the U.S. Embassy compound in Baghdad, Iraq, following a rocket and drone attack, according to security sources, March 17, 2026.

REUTERS/Maher Nazeh
Over 20 years after the US-led invasion upended the country, Iraq was starting to build momentum.The country had entered a period of relative calm, with ISIS out of the picture ever since its caliphate crumbled in 2019. The country was warming to democracy: turnout hit 56% in the 2025 parliamentary elections, 13 points higher than in the previous [...]
Hard Number: Controversial South African politician sentenced
Natalie Johnson
The far-left political party leader – and one of South Africa’s most prominent and most controversial politicians – was convicted last year on charges related to firing a gun at a rally in 2018. Malema has been allowed to keep his seat while he appeals the decision, although he will lose it should this fail as South Africa bars anyone who has been [...]
How the Iran war made China stronger
The conventional wisdom was that a destabilizing war in the oil-producing heart of the Middle East would badly hurt China, the world's leading oil importer, and its sputtering economy. It hasn’t worked out that way. So far, China is weathering the US-Israeli war with Iran better than many of its neighbors and looks set to emerge relatively stronger. [...]