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Analysis & Commentary - Michaela Frai

Michaela Frai's Latest

9th April 2018 – Quoted by Michael del Castillo - CoinDesk

The Anti-Petro? Zcash Throws Venezuelans a Lifeline

Michaela Frai

Zooko Wilcox received his first plea for help from someone in Venezuela a few months ago. The founder and CEO of the Zerocoin Electric Coin Company (ZECC) had been closely following what he describes as "a humanitarian crisis of the first order" unfolding in Venezuela when he got that first message, followed by a series of others. more...

25th March 2018 – CoinDesk

Crypto Investors Should Stay Away from Venezuela’s Petro

Yaya J. Fanusie, Michaela Frai

Venezuela has reportedly made the first state-backed cryptocurrency, the petro, available to the public. Crypto investors should just say no. more...

25th February 2018 – Quoted by Mark Bentley - Ahval

Erdoğan is stuck with the dollar, like it or not

Michaela Frai

Turkish President Recep Tayyip Erdoğan, known for his increasing aversion for all things Western, appears to be developing a growing dislike for the dollar. more...

23rd February 2018 – Quoted by Michael del Castillo - Coindesk

Why Venezuela Should Worry About a National Crypto

Yaya J. Fanusie, Michaela Frai

While not many things are clear about Venezuela's new state-backed cryptocurrency, the petro, what is apparent is that many think it's potentially harmful for the country's people. more...

23rd February 2018 – FDD's Center on Sanctions and Illicit Finance Policy Brief

To Evade U.S. Sanctions, Venezuela Launches the World’s First National Cryptocurrency

Yaya J. Fanusie, Michaela Frai

This week, the Venezuelan government started selling the “petro,” the world’s first “national cryptocurrency.” The petro’s release is part of the Maduro regime’s strategy to combat the “financial blockade” of U.S. sanctions, yet the petro is likely to find itself just as vulnerable as other financial instruments to U.S. sanctions and market-based disincentives. more...

27th January 2018 – Syndicated

The John Batchelor Show

Michaela Frai

FDD's research associate for the Latin America project Michaela Frai joins The John Batchelor Show to discuss malnutrition and human rights violations in Venezuela. more...

5th January 2018 – FDD Policy Brief

U.S. Sanctions Four More Venezuelan Military Officials

Michaela Frai

Today, the U.S. Treasury Department announced sanctions on four current or former Venezuelan generals for their involvement in corruption and acts of political repression. more...

3rd January 2018 – The Hill

Venezuela’s not-so-happy new year

Michaela Frai

Venezuela has the largest known oil reserves in the world, yet is running out of money. Years of gross negligence and endemic corruption have resulted in economic disaster, with $141 billion in debt to international bondholders and creditors like the Russian and Chinese governments as well as numerous oil service providers. more...

16th November 2017 – Syndicated

The John Batchelor Show

Michaela Frai

FDD's Michaela Frai discusses Venezuela's economic and humanitarian crises on The John Batchelor Show. more...

13th November 2017 – The Hill

Thanks to US pressure, Maduro’s reckoning is coming

Michaela Frai

On Thursday, the U.S. used its latest round of sanctions on 10 current and former government officials to emphasize its commitment to denouncing fraudulent elections in Venezuela as well as promoting the human rights of those suffering under Maduro’s corrupt regime. By continuing to name-and-shame those in the regime responsible for such crimes, the U.S. has a unique opportunity to both help support a return to democracy and protect the Venezuelan economy from total collapse. more...

19th September 2017 – The Hill

Trump rightly condemns Venezuela, but that’s just the beginning

Michaela Frai, Alex Entz

More can be done to combat the increasing centralization of power and rampant corruption within the Venezuelan government. more...

13th September 2017 – Quoted by The Tower

Trip to Latin America Provides Netanyahu with Opportunity to Address Hezbollah, Iran Threat

Emanuele Ottolenghi, Michaela Frai

Israel’s Prime Minister Benjamin Netanyahu’s historic visit to several Latin American countries this week could serve as a platform to promote regional cooperation against Iran’s involvement in global terrorism and Hezbollah’s activities in the region, Emanuele Ottolenghi and Michaela Frai wrote in The Jerusalem Post. more...

11th September 2017 – The Jerusalem Post

Netanyahu’s Latin America Trip: Another Chance To Talk About Iran

Emanuele Ottolenghi, Michaela Frai

Netanyahu should prod Israel’s Latin American friends to combat the lawlessness and corruption that enable Hezbollah and Iran to thrive in the Western Hemisphere. more...

4th August 2017 – RealClearDefense

Iran’s Top Export to Latin America: Radical Islam

Emanuele Ottolenghi, Michaela Frai

Ayatollah Mohsen Araki, who openly calls for the “annihilation of Zionism” and has promoted friendly relations with the Taliban, arrived in São Paulo, Brazil and discussed how Muslims can fight “radical terrorism”. more...

2nd August 2017 – FDD Policy Brief

The U.S. Sanctions Venezuela’s President

Michaela Frai, Alex Entz

On Monday, the U.S. Treasury Department sanctioned Venezuelan President Nicolas Maduro. The designation came a day after a nationwide referendum where voters chose 545 representatives, from a government-vetted list of 6,000, who will form the controversial Constituent Assembly. more...

1st August 2017 – Sirius XM

The Arlene Bynon Show

Michaela Frai

FDD Research Associate Michaela Frai discusses the recent events in Venezuela on the Arlene Bynon Show. more...

31st July 2017 – The Hill

How oil can break the back of Venezuelan despotism

Michaela Frai, Alex Entz


15th July 2017 – The Hill

Venezuela is on fire, and US national security will get burned

Michaela Frai, Alex Entz

Maduro has already taken unconstitutional steps to amass power, claiming they will restore peace. more...

16th March 2017 – FDD Policy Brief

Ecuador, Iran, and Latin America’s Pink Tide

Michaela Frai

Ecuador will elect a new leader on April 2 to replace its left-wing, populist president Rafael Correa. Washington should pay close attention. Correa’s vice-president Lenin Moreno is a close second in the polls, but should he win, he will likely continue Correa’s economic populism and anti-Americanism, including, crucially, pursuing a strong relationship with Iran. more...