After Default, Venezuela's Fiscal Woes Spiral While Prosecutors Focus On Corruption
After months of popular unrest, President Nicolas Maduro appears to have cemented his grip on power. But the towering economic troubles that helped inspire that unrest are only getting worse.
Updated at 6:38 p.m. ET
For a span of some four months earlier this year, demonstrators swarmed Venezuela's city streets in protest of ballooning inflation, diminishing food and President Nicolas Maduro's tightening grasp on power — until, that is, Maduro's efforts to derail the opposition bore fruit. By August the protests ebbed from view, as a new lawmaking body packed with Maduro's preferred politicians took the country's reins.
