I live in Colombia and of course we’re right next to Venezuela and there are lots of Venezuelans here. By a remarkable twist of fate, my girlfriend is Venezuelan too. So, I’m interested in what’s going on in Venezuela for multiple reasons. But ‘Yes’, Venezuela is really a mess right now. Butto be honest, I wonder to what degree they might have brought it on themselves by putting all their eggs in one basket (i.e. oil) and simultaneously electing a socialist ignoramus like Maduro. Anyway….it is what it is and here are a few articles I’ve seen about it lately.
In recent weeks, the South American nation of Venezuela has been embroiled in a conflict that’s spilled onto the streets. As citizens become increasingly vocal in their protests and their attempts to effect social change, Venezuelan President Nicolás Maduro is staring down the barrel of a…
Black market vendors for food and medicines have been accepting cryptocurrencies for years in Venezuela, but more and more merchants are publicly identifying as crypto friendly to avoid the Venezuelan bolivar.
Amid the economic crisis in Venezuela, at least $1.2 billion was stolen from the state-owned oil and gas company with the help of an international network of professional money launderers, according to U.S. Department of Justice officials in Miami.
Venezuela’s highly subsidized gasoline, cheaper than anywhere in the world, could be more expensive starting next month. Why? The smallest coin that will be available in the market will be enough to fill 100 SUV tanks.
Venezuelan President Nicolas Maduro has refused to recognize the country’s hyperinflationary problem and has no plan to address it, a former finance minister, who served under the late socialist leader Hugo Chavez, said in an interview.