Post Profile

Venezuela’s economic crisis deepens as U.S. sticks with sanctions that hit ordinary people hardest

Venezuela’s downward spiral — economically and politically — is hitting a critical low point. Low oil prices and currency controls have lead to a major shortage of basic food supplies, as well as medicines; the country’s pharmaceutical association estimates there is an 85 percent shortage of drugs there now. So far, the U.S. response to […]
read more


Related Posts

Venezuela to donate $5 million Harvey aid, despite cash crunch

News : The Raw Story

Venezuela has offered $5 million to victims of Hurricane Harvey in the United States despite a major economic crisis in the South American country that has left millions short of food and medicine. Venezuela’s U.S.-based oil subsidi...

Column: What we need to do to prevent food shortages on a global scale

Business & Finance : The Business Desk with Paul Solman

Photo by Stephane Mahe/Reuters The deepening economic crisis in Venezuela has left many residents scrambling to secure basic necessities. When they can, tens of thousands stream into Colombia to buy food and other supplies. Looting ...

YA THINK? A new cryptocurrency won’t solve Venezuela’s economic crisis. Venezuelan president Nico…

US Politics / Conservative : Instapundit

YA THINK? A new cryptocurrency won’t solve Venezuela’s economic crisis. Venezuelan president Nicolás Mauro thinks that a new digital currency could revive the country from economic collapse and help it sidestep US sanctions. During ...

Oil Continues Downward Spiral, Hits 6 1/2 Year Low

Business & Finance : Business Pundit

Oil prices continued their downward spiral on Monday with U.S. crude hitting a 6-1/2 year low. Crude continued to plummet after No 3. consumer Japan announced a second straight quarter of economic decline. Oil was also hit by a stro...

Photos: Venezuelans contend with food, medicine shortages, as low oil prices cripple economy

News : The Rundown News Blog

Amid Venezuela's ongoing economic crisis, protests this month in the nation's capital over shortages of medicine and basic supermarket necessities have spotlighted the ripple effect of the falling price of oil, the country's main ex...


Copyright © 2016 Regator, LLC