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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]
The U.N. Security Council took no action after discussing the humanitarian situation in Venezuela behind closed doors on Tuesday but its European Union members said the coronavirus pandemic ...
The Venezuelan Medical Federation expressed condemnation at how a medic in Zulia was forced to leave for Colombia after denouncing the inability of Venezuela to cope if the disease arrived; [103] it also asked for the release of the political prisoners in the country, who are vulnerable to the virus, specifically Roberto Marrero, Juan Requesens ...
Other economists, such Ecoanalitica director Asdrubal Oliveros, estimate a less dramatic drop of 30%, depending on how severely the global crisis affects employment.A quarter of Venezuelans ...
During the crisis in Venezuela, the United States, the European Union, Canada, Mexico, Panama and Switzerland have applied individual sanctions against people associated with Maduro's administration, including government officials, members of the military and security forces, and private individuals alleged to be involved in human rights abuses ...
There was censorship and media control during the Venezuelan presidential crisis between 2019 and January 2023.. A crisis concerning who was 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 ...
States of emergency of Venezuela are sometimes declared. They were declared once in 2015 due to the 2015 Colombia–Venezuela migrant crisis , and again in May 2016 by the president Nicolás Maduro who suggested that there had been a plot to overthrow the Venezuelan government.
Venezuela exports rice, corn, fish, tropical fruit, coffee, pork and beef. Venezuela has an estimated US$14.3 trillion worth [28] of natural resources and is not self-sufficient in most areas of agriculture. Exports accounted for 16.7% of GDP and petroleum products accounted for about 95% of those exports. [29]