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The recovery of oil prices in the early 2000s gave Venezuela oil funds not seen since the 1980s. [2] A destabilized economy led to a crisis in Bolivarian Venezuela, resulting in hyperinflation, an economic depression, shortages of basic goods and drastic increases in poverty, disease, child mortality, malnutrition, and crime. [3] [4]
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.
SENIAT (Servicio Nacional Integrado de Administración Aduanera y Tributaria–- National Integrated Service for the Administration of Customs Duties and Taxes) is Venezuela's revenue service. External links
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 ...
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It serves as a bank focused on financing projects that contribute toward the development of Venezuela. It was founded in 2001. [1] It has subsidiaries that are based in Venezuela, Uruguay and Bolivia; [2] the subsidiaries are Banco Bandes Uruguay, Banco Bicentenario del Pueblos, Banco Universal SA Banco de Venezuela, and Banco Prodem SA, of ...
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]
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