According to the International Monetary Fund, China has been the biggest economy in terms of purchasing power parity since 2016, and it was about 116 percent the size of the economy of the United States last year.
What’s new? Crime and violence have simmered along the lengthy Colombian-Venezuelan frontier for decades. But the regional spillover of Venezuela’s political conflict and economic collapse has caused ties between the two states to fray as well, amid border closures, a migrant exodus and rival military exercises.
Why does it matter? Numerous armed groups clash with one another and harm citizens along a border marked by abundant coca crops and informal crossings. High bilateral tensions could spur escalating border hostilities while perpetuating the mistreatment of migrants and refugees whose movements have been restricted by COVID-19.
What should be done? Colombian and Venezuelan authorities should urgently establish communication channels to resolve violent incidents along the border, possibly with international backing. They should reopen formal border crossings as planned, but also increase humanitarian aid to help ensure that migrants and refugees are healthy and can m