Sunday, February 14, 2016

The Crisis In Venezuela



Wall Street Journal: Venezuela’s Collapse Brings ‘Savage Suffering’

Dying infants, chronic power outages and empty shelves mark the world’s worst-performing economy

CARACAS, Venezuela—In a hospital in the far west of this beleaguered country, the economic crisis took a grim toll in the past week: Six infants died because there wasn’t enough medicine or functioning respirators.

Here in the capital, the crisis has turned ordinary life into an ordeal for nearly everyone. Chronic power outages have prompted the government to begin rationing electricity, darkening shopping malls. Homes and apartments regularly suffer water shortages.

Rosalba Castellano, 74 years old, spent hours this week in what has become a desperate routine for millions: waiting in long lines to buy whatever food is available. She walked away with just two liters of cooking oil.

Read more ....

More News On The Political/Economic Crisis In Venezuela

Venezuela opposition calls talks on ousting president -- AFP
Venezuela opposition to speed up plans to oust Maduro -- BBC
Venezuela’s Justices Support More Power for the President -- NYT
Venezuela under 'economic emergency' as court gives Maduro decree powers -- The Guardian/AP
Venezuela on verge of default as oil prices fall -- RT
Shops' electricity rationed in crisis-hit Venezuela -- AFP
Venezuela Expanding Military Influence Over Oil and Mining -- Bloomberg
Is Venezuela Destined to Default? -- Dimitra Defotis, Barron's
Prepare for the worst: Venezuela is heading toward complete disaster -- Washington Post editorial

1 comment:

Si-vis-pasen- said...

Don't you love socialism ,it has an incredible ability to destroy nation's .
Attention USA Barney Sanders have an idea of how the U.S should look like in the near future .