Jump to content
The World News Media

People in Venezuela looking for food in the garbage while the dictator enjoys at celebrities restaurant


Guest Nicole

Recommended Posts

  • 4 weeks later...

  • Views 483
  • Replies 1
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

  • Member

Venezuelan President Nicolas Maduro probably didn't get a standing ovation yesterday following his inauguration to a second term—one already marked by severe political, economic, and humanitarian issues (many of which arose on his watch).

Here's a small sampling of what he's dealing with:

  • An annual inflation rate of 1,400,000%. Think that's bad? It's forecast to hit 10,000,000% by year-end.
  • Venezuela owes international creditors about $150 billion.
  • Venezuelans lost an average of 24 lbs in 2017 (with the government restricted from importing food or medicine) and suffer from a 90% poverty rate.

Asking yourself how Maduro won a second term? So are a lot of people. His May re-election has been labeled both "illegitimate" and a "sham"—and many have accused his party of vote-rigging and strong-arming. The U.S. and 13 other countries in the Americas have said they will not recognize Maduro's presidency.

Give us the bottom line, Axios: "While many nebulously blame 'socialism' for Venezuela's dire condition, the truth is that the country's problems are a result of corruption and wide-ranging economic incompetence from Maduro's government."

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.