A New York millionaire tried to flee to Venezuela after a fatal drunk driving accident in the United States. “He clearly intended to flee, there’s no question about it,” said Tom Spota, Suffolk District Attorney. “It was only because of the intervention at our request of the United States Marshals…
It is safe to say that there is an opioid addiction crisis in the United States. Back in 2012, there were 259 million prescriptions written for painkillers during 2012, representing a 400% increase in prescription opiate use in only 10 years. In Venezuela, however, the opioid crisis is at a…
Crime is no stranger to Venezuela. In a country that has held steady at having one of the highest crime rates in the world, violence in Venezuela is part of everyday life. But one detail behind the rampant crime is quite different than the years before. Now, Venezuelans are resorting…
Venezuelan president Nicolas Maduro has decided to get rid of the country’s most used currency bill. But since there have been widespread riots and general unrest throughout the country, Maduro has now postponed the move until January. In a national television and radio broadcast, Maduro explained to the country that…
Venezuela has been going through a devastating economic crisis for years now, but it has recently gotten so bad that hungry citizens all over the country are rummaging through the trash to feed their families. The numbers are sad and shocking. A study completed by Dolar Today, which is an…
In an effort to address soaring inflation rates, the Venezuelan government announced last week that it will begin issuing currency in higher denomination units on December 15. The new measure comes after the bolivar’s steepest decline yet last month, falling 67% between the end of October and November. One U.S.…
In the U.S., paper makes up about 35% of all landfill waste. However, Venezuela’s paper problem has gotten totally out of control as inflation continues to skyrocket. In fact, in Venezuela, going to an ATM and taking out the equivalent of just five U.S. dollars produces a fistful of 100…
The average debt of a U.S. household is $15,355, and is primarily the result of overusing credit cards. However, Venezuelans may soon accrue even more debt than that average simply because of how much their groceries cost. Just a few months ago, Venezuela suffered a severe food shortage after the…