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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 ...
In 2018, Venezuela's debt grew to US$156 billion [87] and as of March 2019, its reserves had dropped to US$8 billion. [88] With the exception of PDVSA's 2020 bonds, [89] as of January 2019, all of Venezuela's bonds are in default, [90] and Venezuela's government and state-owned companies owe nearly US$8 billion in unpaid interest and principal ...
A Wyoming billionaire placed a billboard resembling the Venezuela flag on the Wyoming-Colorado border that reads "Venezuela Ahead - Be Prepared" referencing the Venezuelan gangs in Colorado. 😆 ...
By 2023, the economic situation of Venezuela improved, with the economy growing by 15% and extreme poverty rates decreasing, thanks to a liberalized economy and more access to the United States dollar. However, inequality is high, with wealthy Venezuelans making more than 70 times the poorest ones. [46]
At a session of the Washington-based Organization of American States, Brian Nichols, a senior U.S. diplomat for Latin America, said the reason Venezuela's electoral authority has failed to release ...
Shortages in Venezuela of food staples and basic necessities occurred throughout Venezuela's history. [6] Scarcity became more widespread following the enactment of price controls and other policies under the government of Hugo Chávez [7] [8] and exacerbated by the policy of withholding United States dollars from importers under the government of Nicolás Maduro. [9]
Venezuela's economy grew more than 5% in 2023 and growth will reach 8% this year, President Nicolas Maduro said on Monday during his annual address to the government-allied legislature. Venezuela ...