Venezuela is unravelling as shortages of almost everything push people to their limits.
Almost 90 percent of Venezuelans say they don't have money to buy enough food and many are forced to make do with a single meal a day.
Riots and mass lootings are on the rise and calls for President Nicolas Maduro to resign are growing louder.
The opposition has begun checking signatures on a petition to start a recall referendum against him.
It needs to validate 200,000 signatures or 1 percent of the electorate, to kickstart the process to recall Maduro.
After that, 20 percent of voters or around four million people, will need to sign a second petition to trigger the referendum.
For it to be successful, an equal or greater number of voters that those who elected the President, will need to vote in favour of a recall.
That means more than the roughly 7.5 million votes Maduro received in 2013.
But is the opposition a credible alternative to socialist rule? And how is the unrest in Venezuela being viewed regionally?
Presenter: Dareen Abughaida
Guests:
Daniel Fermin - Researcher for the Center of Political Studies at the Andreas Bello Catholic University.
Michael McCarthy - Research Fellow at the American University’s Center for Latin American Studies.
Vanessa Neumann - Founder and Chief Executive of the trade integrity consultancy firm, Asymmetrica.
