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Jan 31, 2024 · Venezuela is engulfed in a political and economic crisis which has led to more than 7.5 million people leaving the country since 2015. How did this oil-rich country become so troubled?
The economic crisis in Venezuela started around 2010, and the health crisis followed by two years and significantly worsened in 2017, but the situation in 2019 "is even more dismal than researchers expected".
Dec 22, 2023 · In recent years, Venezuela has suffered economic collapse, with output shrinking significantly and rampant hyperinflation contributing to a scarcity of basic goods, such as food and medicine....
Sep 30, 2021 · Three in every four Venezuelans live in extreme poverty, a study has said, as a years-long severe economic crisis in the oil-rich nation continues.
Mar 21, 2023 · Venezuela’s economy imploded nearly a decade ago, prompting a huge outflow of migrants in one of worst crises in modern Latin American history. Now there are signs the country is settling into a...
The poorest 10% in Venezuela survive on just $8 a month, compared to $553 for the country's richest 10%, explains researcher Luis Pedro España, who worked on the Living Conditions Survey...
Sep 30, 2021 · Three in every four Venezuelans live in extreme poverty, a study has said, as a years-long severe economic crisis in the oil-rich nation continues. Researchers at Andrés Bello Catholic University...
Jan 24, 2024 · Maduro suddenly implemented economic reforms, including ending price controls, allowing dollar transactions, slashing bolivar currency circulation, initiating murky privatizations, and starting...
2 days ago · 1:12. Venezuela’s monthly inflation slowed to 1% in June, the lowest in twelve years, as the government ramps up local dollar sales ahead of presidential elections. Consumer prices eased to 1% ...
Venezuelans have faced severe food and medicine shortages due to an economy rocked by hyperinflation. Over 3 million Venezuelans have fled the country, most since 2015, according to the United...
