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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]
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 ...
In the beginning of the crisis, Venezuela's credit ratings were downgraded to "junk territory" or below investment grade with negative outlooks according to most rating agencies. [ 93 ] [ 76 ] [ 94 ] In a little more than one year, Standard and Poor's downgraded Venezuela's credit rating three times; from B+ to B in June 2013, [ 95 ] B to B− ...
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 ...
Venezuelan opposition march in the city of Caracas (12 February 2014).. The protests in Venezuela — also called by the opposition as 12F and La Salida— [15] [16] are a series of demonstrations against the socialist government of Venezuela headed by President of Venezuela Nicolás Maduro, which started on 12 February 2014, called by the leaders of the Venezuelan opposition María Corina ...
7 February – Venezuela's armed forces have barricaded a bridge on the country's western border with Colombia, in an attempt to prevent a delivery of humanitarian aid. [ 40 ] 10 February – Venezuelan opposition leader Juan Guaidó has vowed to open humanitarian aid routes with volunteer support into the country in defiance of the government ...
The negotiations during the crisis in Venezuela are the negotiation and dialogue attempts and processes between the government of Nicolás Maduro and the Venezuelan opposition. Although numerous dialogue processes and roundtables have taken place, by 2023 none had been effective in achieving a solution to the country's crisis. [1]