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It is the worst economic crisis in Venezuela's history, and the worst facing a country in peacetime since the mid-20th century. The crisis is often considered more severe than the Great Depression in the United States, the 1985–1994 Brazilian economic crisis, or the 2008–2009 hyperinflation in Zimbabwe. [5]
An October 2020 report published by the Washington Office on Latin America (WOLA) by Venezuelan economist Luis Oliveros found that "while Venezuela's economic crisis began before the first U.S. sectoral sanctions were imposed in 2017, these measures 'directly contributed to its deep decline, and to the further deterioration of the quality of ...
There has been censorship and media control during Venezuelan presidential crisis between 2019 and January 2023.. A crisis concerning who is the legitimate President of Venezuela began on 10 January 2019, when the opposition-majority National Assembly declared that incumbent Nicolás Maduro's 2018 reelection was invalid and the body declared its president, Juan Guaidó, to be acting president ...
Here are some reasons why the election matters to the world: Migration impact. The election will impact migration flows regardless of the winner. The instability in Venezuela for the past decade has pushed more than 7.7 million people to migrate, which the U.N.'s refugee agency describes as the largest exodus in Latin America’s recent history ...
During the Venezuelan presidential crisis concerning the legitimate President of Venezuela, reactions and responses to the crisis were greatly divided. [1]On 10 January 2019, Venezuela's opposition-majority National Assembly declared that incumbent Nicolás Maduro's 2018 reelection was invalid, and its president, Juan Guaidó, said that he was prepared to assume the acting presidency.
Venezuela's recent elections were marred by accusations of fraud and voter suppression, and the results have sparked strong reactions from the far right and far left of American politics. The U.S ...
Neuman stated "I’m excited to work with David and Kip on a project that will shine a light on the tragic crisis in Venezuela and the suffering of ordinary people there. ... Venezuela is a cautionary tale for showing how extreme political polarization can be used to gain and hold onto power, while tearing down the institutions that make ...
During the crisis in Venezuela, the United States applied sanctions against specific Venezuelan government entities and individuals associated with the administration of Nicolás Maduro, along with sanctions applied by the European Union, Canada, Mexico, Panama and Switzerland. Through April 2019, the U.S. sanctioned more than 150 companies ...