Venezuela faced a difficult situation. The country’s yearly inflation rate reached a staggering 85%, a significant increase ...
Venezuelan President Nicolas Maduro, whose nearly 12 years in office have been marked by a deep economic and social crisis, ...
January 10 is a crucial day in Venezuela because it initiates a new presidential term. Nevertheless, the problem is the ...
Venezuela's annual inflation rate rose to 49.4% in September, from 45.4% in August. Consumer prices increased 4.4% month-on-month, the central bank said, compared with 3.0% in August.
Venezuela launched a new currency with the ... and boost confidence in a money that has been losing value due to high inflation. President Hugo Chavez's government says the new currency ...
A swearing-in ceremony for Venezuelan President Nicolas Maduro will take place on Friday amid ongoing doubts about the ...
The country hit crisis levels the following year, with GDP shrinking by almost 6% and inflation soaring. Oil output has been declining since. Venezuela is heavily reliant on the US for its oil ...
Venezuelan President Nicolas Maduro hopes his new term will be "a period of peace, of prosperity, of equality and the new ...
In February, Venezuela finally said goodbye to the rampant hyperinflation that had seen price rises peak at more than 400,000% a year in 2019. Now annual inflation is more manageable, but still ...
Venezuelans are “turning to crypto” instead of the US dollar in an attempt to stave off inflation, a new report has claimed.
Somehow, after each crisis, Maduro emerged stronger, even if the country's problems deepened. By 2022, with his opponents ...