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It is the worst economic crisis in Venezuela's history, and the worst facing a country in peacetime since the mid-20th century. The crisis is often considered more severe than the Great Depression in the United States, the 1985–1994 Brazilian economic crisis, or the 2008–2009 hyperinflation in Zimbabwe. [5]
An October 2020 report published by the Washington Office on Latin America (WOLA) by Venezuelan economist Luis Oliveros found that "while Venezuela's economic crisis began before the first U.S. sectoral sanctions were imposed in 2017, these measures 'directly contributed to its deep decline, and to the further deterioration of the quality of ...
States of emergency of Venezuela are sometimes declared. They were declared once in 2015 due to the 2015 Colombia–Venezuela migrant crisis , and again in May 2016 by the president Nicolás Maduro who suggested that there had been a plot to overthrow the Venezuelan government.
Things Are Never So Bad That They Can't Get Worse: Inside the Collapse of Venezuela was written by William Neuman, a correspondent of The New York Times.The book chronicles Neuman's experiences and reporting from his time spent in Venezuela between 2012 and 2019, with a particular focus on the 2019 Venezuelan blackouts.
The U.S.-recognized winner of Venezuela’s presidential election on July 28, ... But Maduro endured and the economic and humanitarian crisis in Venezuela worsened. As a result, the U.S. has seen ...
Maduro is evoking Washington's bloody history of interference in the region — but the situation in Venezuela today is rather different
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There has been censorship and media control during Venezuelan presidential crisis between 2019 and January 2023.. A crisis concerning who is the legitimate President of Venezuela began on 10 January 2019, when the opposition-majority National Assembly declared that incumbent Nicolás Maduro's 2018 reelection was invalid and the body declared its president, Juan Guaidó, to be acting president ...