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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]
During the crisis in Venezuela, the United States, Canada, Mexico, Panama, Switzerland individually, and the countries of the European Union collectively, have applied sanctions against people associated with Maduro's administration, including government officials, members of the military and security forces, and private individuals. [419]
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]
The crisis in Venezuela has resulted in the world’s largest mass migration in recent history: More than 7.7 million people have left the country since 2014, according to the United Nations High ...
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 ...
The 2024 Venezuelan political crisis refers to the ongoing crisis in Venezuela that was aggravated after the 2024 Venezuelan presidential election results were announced. [ 1 ] [ 2 ] [ 3 ] The 2024 election was held to choose a president for a six-year term beginning on 10 January 2025.
The same day, Maduro announced that he had received a letter from the United Nations (UN) Resident Coordinator and United Nations Development Programme (UNDP) Resident Representative Peter Grohmann, confirming that the organization "is ready to support the Venezuelan government in its fight against COVID-19." Maduro stressed that the UN has ...
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 ...