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  2. Economy of Venezuela - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Venezuela

    In 2014 The Central Bank of Venezuela stopped releasing statistics for the first time in its history as a way to possibly manipulate the image of the economy. [199] Venezuela has also dismantled CADIVI, a government body in charge of currency exchange. [121] In May 2019, the Central Bank of Venezuela released economic data for the first time ...

  3. Crisis in Venezuela - Wikipedia

    en.wikipedia.org/wiki/Crisis_in_Venezuela

    Maduro was criticized for concentrating on public opinion, instead of tending to practical issues which economists had warned about, or creating ideas to improve Venezuela's economic prospects. [79] By 2014, Venezuela had entered an economic recession [80] and by 2016, the country had an inflation rate of 800%, the highest in its history. [81] [82]

  4. Venezuela's Maduro to be sworn in for third term as ... - AOL

    www.aol.com/venezuelas-maduro-sworn-third-term...

    Venezuela's government has closed its borders and airspace to Colombia for a period of 72 hours starting at 05:00 local time (10:00 GMT), the foreign ministry in Bogota said in a statement, adding ...

  5. Venezuela’s currency falls by more than 30%, threatening ...

    www.aol.com/venezuela-currency-falls-more-30...

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  6. 2013–present economic crisis in Venezuela - Wikipedia

    en.wikipedia.org/wiki/2013–present_economic...

    This article needs to be updated. Please help update this article to reflect recent events or newly available information. (April 2023) Economy of Venezuela Plaza Venezuela in Caracas Currency Bolívar Digital (VES) Fiscal year Calendar year Trade organizations WTO, OPEC, Unasur, ALBA Statistics Population 28,301,696 (2022) GDP $102.328 billion (nominal, 2024 est.) $224.526 billion (PPP, 2024 ...

  7. As Venezuela's economy regresses, crypto fills the gaps - AOL

    www.aol.com/news/venezuelas-economy-regresses...

    In Venezuela's economy, mired by hyperinflation and hemmed in by sanctions, the operation is not so straightforward. Venezuelan food delivery driver Pablo Toro has no stake in cryptocurrency or ...

  8. U.S. sanctions during the Venezuelan crisis - Wikipedia

    en.wikipedia.org/wiki/U.S._sanctions_during_the...

    The U.S. Treasury Department accused him of maintaining a stranglehold on the economy and suppressing the people of Venezuela. [ 72 ] Following the June death while in custody of Venezuelan navy captain Rafael Acosta Arévalo , the U.S. sanctioned Dirección General de Contrainteligencia Militar (DGCIM) on 11 July 2019, accusing the defense ...

  9. US and allies slap sanctions on Venezuela officials as Maduro ...

    www.aol.com/news/us-slaps-sanctions-venezuela...

    WASHINGTON/HOUSTON (Reuters) -The United States on Friday imposed new sanctions on eight Venezuelan officials and increased to $25 million the reward it is offering for the arrest of President ...