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Inter-American Dialogue Recognized at 2017 Prospect Think Tank Awards

On Monday, July 10th, 2017, the Inter-American Dialogue was recognized at the 16th annual Think Tank Awards sponsored by the British publication Prospect. The Dialogue won the “One to Watch” award, which—along with “Best Think Tank”—was one of only two categories open to all think tanks, regardless of country or area of focus.

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The threat of sanctions has been floating around in the U.S. for many years. They were always worried about the fear that the humanitarian crisis would get worse because the economic situation would get worse without a guarantee there would be a positive change in government. That threat still exists — we still don’t know how this is going to end up.
[PDVSA] is definitely looking for every creative solution it can [to replace US business]. They are not just sitting there waiting to see what happens […] I just don’t know if what they are doing is enough to completely get around the sanctions.
The big mistake [in Venezuela] was not diversifying the economy and being so dependent and so reliant on the petroleum sector. That’s virtually the only thing that Venezuela produces.
China made itself indispensable [to Venezuela]: it very generously gave billions of dollars in low-interest loans, first to Chávez and then to Maduro, in exchange for the export of oil.