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In March 2019, The Wall Street Journal reported that the "collapse of Venezuela's health system, once one of the best in Latin America, has led to a surge in infant and maternal mortality rates and a return of rare diseases that were considered all but eradicated. Health officials say malaria, yellow fever, diphtheria, dengue and tuberculosis ...
Venezuela's economy has been in a state of total economic collapse since 2013. [35] In 2015, Venezuela had over 100% inflation—the highest in the world and the highest in the country's history at that time. [36]
Venezuela is engulfed in a political and economic crisis which has led to more than seven million people leaving the country since 2015. The process and results of the 2018 presidential elections were widely disputed.
Publisher's Weekly characterizes it as an "account of the ongoing crisis in Venezuela" that depicts "the country’s downward spiral since 2014–driven by a collapse in oil prices, U.S. sanctions, and hyperinflation—from the perspectives of political leaders and ordinary citizens."
During Venezuela's economic crisis, the rate of gold excavated fell 64.1% between February 2013 and February 2014 and iron production dropped 49.8%. [35] The production of steel and aluminium of multiple Venezuelan steelmakers dropped in 2014, with the state-owned steelmaker Sidor having a drop in production of 33.5%, the lowest levels since the 1980s.
Venezuela has yet to lift a ban on Maria Corina Machado, the opposition's presidential c Venezuela's Maduro says election deal with opposition could collapse Skip to main content
In the early 2000s, when oil prices soared and offered Chávez funds not seen since the beginning of Venezuela's economic collapse in the 1980s, Chávez's government became "semi-authoritarian and hyper-populist" and consolidated its power over the economy in order to gain control of large amounts of resources.
Along the way, they would raid military bases in the socialist country and ignite a popular rebellion that would end in President Nicolás Maduro’s arrest. Authorities in the U.S. and Colombia ...