HMM: Venezuela’s Guaido holds ‘exploratory’ talks with China, Russia. “Oil-rich Venezuela’s economy is crumbling amid a political standoff between leftist President Nicolas Maduro and Guaido, the national assembly speaker widely recognized as the country’s legitimate leader.”
Well, no.
The economy isn’t crumbling due to a political standoff. There’s a political standoff due to the crumbling economy after years of increasing socialism.