Dire economic conditions in Venezuela cause worst refugee crisis in Latin America’s history: Brookings Institute. Millions of Venezuelans have left their country since 2013 as its economy crashed, with schools and hospitals unable to provide basic services. They fled to … Read More
Venezuelan inflation has exceeded 5500%. The data were released Monday by the parliament’s finance committee, TASS reported. Thus, the inflation in November reached up to 35.8%, committee member Angel Alvarado tweeted. Venezuela faces a socio-economic crisis, accompanied by hyperinflation, the devaluation … Read More
A person holds U.S. dollars and Venezuelan bolivares in Caracas. , Bloomberg (Bloomberg) — The U.S. dollar has extended its dominance in Venezuela as locals increasingly turn to the greenback for even the smallest of purchases. Physical dollars now account … Read More
Bogota, Dec 3 (Prensa Latina) Several experts are currently warning that President Ivan Duque, one of the promoters of the application of the Inter-American Treaty of Reciprocal Assistance (TIAR) against Venezuela, intends to resolve the internal crisis in Colombia through … Read More
Those who’ve fled report more signs of backlash in host countries of Colombia, Peru Venezuelan migrants arrive at immigration control in Tumbes, Peru, on June 14. Over four million have fled Venezuela amid the political and economic turmoil in the … Read More
As new opposition protests begin in Venezuela, the dictator announced that he would arm more than 300,000 Chavista militants. The Bolivarian Militia is made up of civilian Chavistas of all ages and without any training (Minpet). As new opposition protests … Read More
Back in February Reuters reported on murders being carried out in Venezuela’s slums by a special police force known as the FAES. Wednesday the AFP published a follow-up on this story that reveals the death toll has climbed to over 800. SEE ALSO: It’s … Read More
Social stability in Latin America is at risk under the pressure of Venezuelan refugees. More than 4 and a half million people have left the country and the flow continues to grow dramatically as the political crisis has not been … Read More
© Reuters / Ivan Alvarado Ecuador’s President Lenin Moreno has declared a curfew and sent in troops to force protesters off the streets of the capital Quito. He also agreed to assess the cancellation of fuel subsidies that had triggered … Read More
The Venezuelan government is readying to hand over control over state oil company PDVSA to Russia’s Rosneft, a local newspaper has reported, citing sources from the industry. Russian TASS reports, quoting El Nacional, that the radical move is being discussed as … Read More