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Venezuela's judicial system has been deemed the most corrupt in the world by Transparency International. [166] Human Rights Watch accuse Hugo Chávez and his allies of taking over the Supreme Court in 2004, filling it with supporters and making new measures allowing the government to dismiss justices from the court. [34]
Venezuela has experienced an oil dependency for an extended part of their history, but in the recent years, their focus has shifted over to gold. [2] As a part of the 2016 settlement of a dispute over withdrawal of a gold concession to Gold Reserve, a Canadian mining company, the government entered into a joint venture to exploit the Brisas mine and Las Cristinas goldmines.
Other companies including India's Reliance Industries Limited, Spain's Repsol, and commodity trading companies Trafigura and Vitol continued to supply Venezuela's oil industry as of 11 April 2019. [111] On 17 April, On 18 February 2020, OFAC sanctioned Rosneft Trading S.A. for supporting Maduro's government by operating in the oil sector.
Venezuela’s government in 2016 established a huge mining development zone stretching across the central area of the country to supplement flagging revenue from its dominant oil industry, which ...
Venezuela’s government in 2016 established a huge mining development zone stretching across the central area of the country, to supplement flagging revenue from its dominant oil industry, which ...
Here are some reasons why the election matters to the world: Migration impact. The election will impact migration flows regardless of the winner. The instability in Venezuela for the past decade has pushed more than 7.7 million people to migrate, which the U.N.'s refugee agency describes as the largest exodus in Latin America’s recent history ...
Tellechea's tenure as head of Venezuela's most valuable industry ended in August, when Maduro reassigned his duties to the vice president and named him minister of industry and national production. Maduro on Friday replaced him by appointing a close ally who was pardoned by U.S. President Joe Biden last year as part of a prisoner swap.
According to the World Bank, the 2016 homicide rate was 56 per 100,000, making Venezuela third in the world, after El Salvador and Honduras. [233] OVV data has 23,047 homicides committed in Venezuela in 2018, a rate of 81.4 per 100,000 people, with the decline being attributed to emigration. [233] According to the Los Angeles Times,