Powder Keg America: World Court Forbids Venezuela To Invade Oil-Rich Guyana, as Socialist Dictator Nicolás Maduro Uses Referendum To Distract From His Unpopular Rule
Tensions are running high in South America.
A territorial dispute that’s over a hundred years old has come back to the forefront of geopolitical threats in the region, as Venezuela flexes its political and military muscle against Oil-rich Guyana.
South America’s only English-speaking nation, and former British colony, Guyana is the world’s fastest-growing economy.
The country’s GDP has quadrupled in size over the last five years thanks to massive offshore oil deposits first drilled in 2015.
Some projections show Guyana overtaking Kuwait to become the world’s largest per-capita crude producer – that is, if Venezuela doesn’t annex 75% of the country’s territory.
Yesterday (1), the judges at the World Court ordered Venezuela to refrain from taking ‘any action that would alter the situation on the ground’ in Guyana.
