Caracas has forced de-dollarisation calculus but the dollar’s end is not yet nigh

    Dr Richard Ikiebe | YSOT | Jan 15, 2026    
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The manifold images from Caracas could hardly be more confusing, their shades casting long divergent shadows of interpretation. News from Venezuela has become both dangerous and urgent. The nation has long symbolised the tripodal collision between ideological polarisation, resource wealth and US power. The latest events deepen that symbolism in a world still organised around the US dollar, where strategic resources and financial exposure inevitably become intertwined instruments of leverage.

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