Venezuela is currently in its twelfth week of riots. For the past three months, angry Venezuelans have been taking to the streets and rioting against their president’s totalitarian regime. President Maduro has led the socialist country into a point of economic, social, and now political collapse, and the people are…
The United States has been governed by a constitution that has, with the exception of introducing new amendments, stayed relatively the same for over 200 years. Venezuela hasn’t been so lucky, however, as the country has changed the basis of its governing constitution plenty of times as political parties come…
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…
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…
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…
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…
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…
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…