Venezuela, officially the Bolivarian Republic of Venezuela (Spanish: República Bolivariana de Venezuela), is a country on the northern coast of South America. The country comprises a continental mainland and numerous islands located off the Venezuelan coastline in the Caribbean Sea. The Bolivarian Republic of Venezuela possesses borders with Guyana to the east, Brazil to the south, and Colombia to the west. Trinidad and Tobago, Grenada, St. Lucia, Barbados, Curaçao, Bonaire, Aruba, Saint Vincent and the Grenadines and the Leeward Antilles lie just north, off the Venezuelan coast. Falling within the tropics, Venezuela sits close to the equator, in the Northern Hemisphere. A former Spanish colony, which has been an independent republic since 1821, Venezuela holds territorial disputes with Guyana, largely concerning the Essequibo area, and with Colombia concerning the Gulf of Venezuela. In 1895, after the dispute over the Guyana border flared up, it was submitted to a neutral commission, which in 1899 decided it mostly in Guyana's favour. Today, the Bolivarian Republic of Venezuela is known widely for its petroleum industry, the environmental diversity of its territory, and its natural features. Venezuela is considered to be among the world's 17 most biodiverse countries. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the north, especially in the capital Caracas which is also the largest city. Other major cities include Maracaibo, Valencia, Maracay, Barquisimeto, Ciudad Guayana and the popular tourist city of Mérida. Venezuela is also home to a diversity of wildlife in a variety of protected habitats.
WikipediaVenezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.
CIA The World Factbook 
