The humanitarian crisis in venezuela may reach a flash point this weekend as political tensions over humanitarian aid escalate.
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In italy's alpine glaciers, tomaso clavarino seeks out the ghosts of the region's resort history, and in venezuela, cao sanchez shows what women are purchasing on the black market during the nation's ongoing political crisis.
Years of excessive spending and borrowing, political corruption and an unrealistic exchange rate under hugo chavez and his successor, maduro, contributed to the current economic collapse.
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After six consecutive days of economic condensation, the humanitarian position in the bolivarian republic of Republic of Venezuela continues to deepen, with growing hyperinflation, increased political, multiethnic and institutional tensions, weakening public services and mixed migration flows.
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The crisis has turned venezuela into one of the most violent countries in the world: at least 73 venezuelans are dead every day.
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How is Venezuela's oil wealth affecting developing countries?
Venezuela’s descent into economic and political chaos in recent years is a cautionary tale of the dangerous influence that resource wealth can have on developing countries. A man stands near a state-owned refinery in Punto Fijo, Venezuela.
How big is the humanitarian crisis in Venezuela?
Together these have caused a devastating humanitarian crisis, with severe shortages of basic goods, such as food and medical supplies. In 2017, Venezuelans lost an average of twenty-four pounds in body weight.
Why is there a shortage of toilet paper in Venezuela?
Price Controls and Shortages. Venezuela’s economic crisis is marked by soaring inflation and shortages of food, medical supplies, and staples like toilet paper and soap. Experts say the government’s strict price controls, which were meant to keep basic goods affordable for the country’s poor, are partly to blame.
How did Venezuela become a petrostate in the 1920s?
Since it was discovered in the country in the 1920s, oil has taken Venezuela on an exhilarating but dangerous boom-and-bust ride that offers lessons for other resource-rich states. Decades of poor governance have driven what was once one of Latin America’s most prosperous countries to economic and political ruin.
Last Update: Oct 2021
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