An elephant is now the lasting symbol of the Venezuelan food shortage crisis. Just last week, an image circulated of Ruperta, an African elephant living in the Caricuao Zoo in Caracas. In the photo, the elephant is standing in her bare pen looking emaciated, and one can easily count her…
85,000 Users And Counting: Bitcoin’s Role In Venezuela
With the growing inflation of the bolivar, many Venezuelans are seeking alternatives to avoid the tanking national currency. One such alternative is bitcoin, according to a Washington Post report. Residents are turning to this electronic currency in growing numbers as they struggle to meet their daily needs. The Washington Post…
What’s Next for Venezuela? Experts Predict Country Set to Run Out of Money This Year
We usually think of bankruptcies in terms of a failed business or personal debt. For example, in the United States in 2014, 97% of total bankruptcies were personal bankruptcies and 3% were filed by businesses. However, people and corporations aren’t the only entities that can run out of money. Although…
U.S. and China Come to Venezuela’s Aid
Venezuela remains in crisis mode. Of all the foreign reserve cash it’s been using through the years to get out of debt and fund essential programs, Venezuela only has $10.5 billion left. According to CNN Money, Venezuela had roughly $20 billion in 2015, and although it’s difficult to determine exactly…
Brazil Offers Temporary Citizenship to All Fleeing Venezuelans
The socioeconomic crisis in Venezuela is getting to be so bad that neighboring Brazil is getting involved. After noticing a large amount of Venezuelans fleeing to their country in search of the most basic of necessities, the government of Brazil has decided to grant temporary residence to all Venezuelans who…
Food Shortages and Economic Despair Cause Venezuelans to Lose Astonishing Amounts of Weight
Girls in North America, primarily in the U.S. and Canada, tend to celebrate their coming of age with a Sweet 16 birthday party. Girls in Venezuela, on the other hand, are in such deep poverty they can’t even afford a cake for their birthday. We all know that for the…
Drunk Driving Epidemic Continues, Law Differs Greatly In DR and Venezuela Than the United States
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…
Cuban Doctors Caught Sending Expired Drugs to Venezuela, Further Exacerbating Country’s Medical Crisis
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…