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For years, Venezuela’s economic problems have been a prevalent issue in and out of the country, contributing significantly to the struggles of its citizens and the nation’s place in the global market. Now, the Venezuelan government has negotiated a deal with Citigroup to swap a portion of its gold reserves…
Food shortages, an ever-increasing inflation rate, and communities rife with drug dealing, prostitution, and violence: these are all things that Venezuelans have become accustomed to in the past few years under the strict rule of President Nicolas Maduro. Now, it appears that Venezuelans will have another hurdle to jump: nationwide…
For many people, a fun summer activity may involve riding a Ferris wheel or stopping to watch magician, mentalist, or daredevil perform at a carnival. For tightrope walker Nik Wallenda, a fun summer activity is walking on top of a giant Ferris wheel, a task he completed the morning of…
Embroiled in economic recession, high inflation, and shortages of critical supplies, Venezuelans are using social media to vent their frustrations as well as to provide information about obtaining everyday items.BDlive.com reports that Venezuela’s economic policies, and sanctions imposed by the United States, have had a severe impact on the OPEC-member…
The Venezuelan Central Bank typically releases data regarding the national inflation level at the beginning of each month, but analysts from the Bank have yet to release any inflation information for 2015. It almost seems that the Central Bank looked at the country’s 69% inflation rate during December 2014, and…
Recently, U.S. President Barack Obama embarked on a three-day trip to Central America and the Caribbean for what was much more than a tropical getaway. The President’s recent visit to Jamaica marks the first time a sitting president has visited the country for 33 years. Obama’s trip also marked the…
Deforestation is a major problem in many areas around the world, especially in Latin America. Unfortunately, despite the high number of nonprofit organizations and government agencies who have attempted to address this issue, finding an effective solution has been challenging. This is due in part to the scarcity of information…
The Venezuelan economy and government has been unstable for the better part of a decade, but with the annual Summit of the Americas in Panama close at hand, civil rights organizations and international governments have been honing in on a situation that has put thousands, if not millions, of Venezuelan…