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Digital Subscriptions > Newsweek International > 5th May 2017 > The Caracas Curse

The Caracas Curse

VENEZUELA’S RELIANCE ON OIL HAS DESTROYED ITS ECONOMY. NOW IT HAS A NEW PANACEA—MINING—THAT ANALYSTS SAY WILL LEAD TO ANOTHER DISASTER
MINE CONTROL: Critics say Venezuela is making the same mistake with mining that it has with petroleum; it’s still relying on natural resources instead of building a more balanced economy.
JUAN BARRETO/AFP/GETTY
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ONE MILLION DEAD: WHAT WAR WITH NORTH KOREA WOULD LOOK LIKE What would another armed conflict on the peninsula look like? During the Korean War, which lasted from 1950 to 1953, some 2.7 million Koreans died, along with 33,000 Americans and 800,000 Chinese. In any pre-emption scenario now, the U.S. would try to keep the strike limited to the task at hand; at the same time, Washington would signal in any way it could, probably via the North’s ally in Beijing, that it did not seek a wider war.
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