after World War I was eventually
suppressed and a socialist republic set up in 1925. During the
Soviet era, intensive production of "white gold" (cotton) and grain
led to overuse of agrochemicals and the depletion of water supplies,
which have left the land poisoned and the Aral Sea and certain
rivers half dry. Independent since 1991, the country seeks to
gradually lessen its dependence on agriculture while developing its
mineral and petroleum reserves. Current concerns include insurgency
by Islamic militants based in Tajikistan and Afghanistan, a
non-convertible currency, and the curtailment of human rights and
democratization.

Vanuatu:
The British and French who settled the New Hebrides in the
19th century, agreed in 1906 to an Anglo-French Condominium, which
administered the islands until independence in 1980.

Venezuela:
Venezuela was one of the three countries that emerged
from the collapse of Gran Colombia in 1830 (the others being
Colombia and Ecuador). 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. Current concerns include: drug-related conflicts 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.

Vietnam:
France occupied all of Vietnam by 1884. Independence was
declared after World War II, but the French continued to rule until
1954 when they were defeated by communist forces under Ho Chi MINH,
who took control of the north. US economic and military aid to South
Vietnam grew through the 1960s in an attempt to bolster the
government, but US armed forces were withdrawn following a
cease-fire agreement in 1973. Two years later North Vietnamese
forces overran the south. Economic reconstruction of the reunited
country has proven difficult as aging Communist Party leaders have
only grudgingly initiated reforms necessary for a free market.

Virgin Islands:
During the 17th century, the archipelago was divided
into two territorial units, one English and the other Danish.
Sugarcane, produced by slave labor, drove the islands' economy
during the 18th and early 19th cen