VENEZUELAN President Nicolas Maduro will devalue his country’s currency and raise rock-bottom petrol prices to end “criminal inflation” and defend social projects.
He announced the plans on Wednesday as part of his three-pronged strategy to “control and regulate the
market.”
Mr Maduro said that first the systems of “economic war” must be dismantled, followed by “all the functioning mechanisms of the old rentier state,” including reliance on the oil industry, and finally improvements to the distributive system.
Concessions to Washington by the post-Maduro leadership in Caracas are designed to preserve the core of the Bolivarian Revolution not betray it, argue Roger D Harris, Francisco Dominguez and Mara Paez Victor. How the solidarity movement responds is critical
International solidarity can ensure that Trump and his machine cannot prevail without a level of political and economic cost that he will not want to pay, argues CLAUDIA WEBBE



