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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]
The Local Committees for Supply and Production (Spanish: Comité Local de Abastecimiento y Producción, CLAP) are food distribution committees promoted by the Venezuelan government in which the communities themselves supply and distribute the priority foods through a house-to-house delivery method.
SUNDDE is able to set prices, wages, and production quotas for all businesses operating in Venezuela on a continuous basis; these controls extend to all sectors of the Venezuelan economy. The organization is also empowered to fine, close, or occupy businesses accused of hoarding or price fixing, and is able to imprison violators.
Venezuela exports rice, corn, fish, tropical fruit, coffee, pork and beef. Venezuela has an estimated US$14.3 trillion worth [25] 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. [26]
Topography of Venezuela. Agriculture in Venezuela has a much smaller share of the economy than in any other Latin American country. After the discovery of oil in Venezuela in the early 20th century to the 1940s, agriculture has declined rapidly, and with the beginning of large-scale industrial development in the 1940s, agriculture and land reform was largely neglected by successive governments ...
CARACAS (Reuters) -Venezuela's National Assembly on Thursday unanimously voted to approve a law which could lead to bans on holding public office of up to 60 years for those who express support ...
Venezuela, [c] officially the Bolivarian Republic of Venezuela, [d] is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It comprises an area of 916,445 km 2 (353,841 sq mi), and its population was estimated at 29 million in 2022. [18]
The U.S. government on Thursday designated the violent Venezuelan gang known as Tren de Aragua as a “transnational criminal organization,” a move that should aid U.S. law enforcement agencies ...