it was once an oil-rich capital of the world but as of 2016 this South American
world but as of 2016 this South American
world but as of 2016 this South American Federal Republic has one of the world’s
Federal Republic has one of the world’s
Federal Republic has one of the world’s worst performing economies from food
worst performing economies from food
worst performing economies from food shortages to electricity rationing to
shortages to electricity rationing to
shortages to electricity rationing to massive inflation welcome to
massive inflation welcome to
massive inflation welcome to watchmojo.com down 10 crucial facts you
watchmojo.com down 10 crucial facts you
watchmojo.com down 10 crucial facts you should know about the ongoing crisis in
should know about the ongoing crisis in
should know about the ongoing crisis in Venezuela number 10
Venezuela number 10
Venezuela number 10 what is the Venezuelan crisis as of 2016
what is the Venezuelan crisis as of 2016
what is the Venezuelan crisis as of 2016 Venezuela has been in a massive social
Venezuela has been in a massive social
Venezuela has been in a massive social and political crisis as the country’s
and political crisis as the country’s
and political crisis as the country’s economy suffers in the wake of falling
economy suffers in the wake of falling
economy suffers in the wake of falling oil prices increasing debt and a drought
oil prices increasing debt and a drought
oil prices increasing debt and a drought triggered by the El Nino weather
triggered by the El Nino weather
triggered by the El Nino weather phenomenon as food medicine and energy
phenomenon as food medicine and energy
phenomenon as food medicine and energy shortages intensified president Nicolas
shortages intensified president Nicolas
shortages intensified president Nicolas Maduro declared a state of emergency in
Maduro declared a state of emergency in
Maduro declared a state of emergency in May 2016 which despite being challenged
May 2016 which despite being challenged
May 2016 which despite being challenged by the opposition controlled National
by the opposition controlled National
by the opposition controlled National Assembly was backed by the Supreme Court
Assembly was backed by the Supreme Court
Assembly was backed by the Supreme Court according to the court the measure is
according to the court the measure is
according to the court the measure is necessary in light of quote
necessary in light of quote
necessary in light of quote extraordinary social economic political
extraordinary social economic political
extraordinary social economic political natural and ecological circumstances
natural and ecological circumstances
natural and ecological circumstances that are gravely affecting the national
that are gravely affecting the national
that are gravely affecting the national economy number 9 how will the state of
economy number 9 how will the state of
economy number 9 how will the state of emergency affect citizens the measure
emergency affect citizens the measure
emergency affect citizens the measure gives Maduro and the government even
gives Maduro and the government even
gives Maduro and the government even greater control of the country allowing
greater control of the country allowing
greater control of the country allowing the president and the armed forces power
the president and the armed forces power
the president and the armed forces power to distribute and sell basic goods
to distribute and sell basic goods
to distribute and sell basic goods services and food it also creates an
services and food it also creates an
services and food it also creates an option for local authorities to reduce
option for local authorities to reduce
option for local authorities to reduce the private sector working week as has
the private sector working week as has
the private sector working week as has already happened in the public sector in
already happened in the public sector in
already happened in the public sector in an effort to conserve electricity the
an effort to conserve electricity the
an effort to conserve electricity the extraordinary measures include for our
extraordinary measures include for our
extraordinary measures include for our rolling blackouts and imposing a two day
rolling blackouts and imposing a two day
rolling blackouts and imposing a two day workweek as inflation continues to
workweek as inflation continues to
workweek as inflation continues to worsen food and medication shortages
worsen food and medication shortages
worsen food and medication shortages have grown more frequent and there are
have grown more frequent and there are
have grown more frequent and there are reports of looting across the country
reports of looting across the country
reports of looting across the country the state of emergency initially set for
the state of emergency initially set for
the state of emergency initially set for 60 days we’ll look to rebalance what’s
60 days we’ll look to rebalance what’s
60 days we’ll look to rebalance what’s become an incredibly fraught situation
become an incredibly fraught situation
become an incredibly fraught situation number eight who is currently leading
number eight who is currently leading
number eight who is currently leading the country Nicolas Maduro took over as
the country Nicolas Maduro took over as
the country Nicolas Maduro took over as president of Venezuela in 2013
president of Venezuela in 2013
president of Venezuela in 2013 succeeding Hugo Chavez who
succeeding Hugo Chavez who
succeeding Hugo Chavez who had essentially led since 1999 an X bus
had essentially led since 1999 an X bus
had essentially led since 1999 an X bus driver and trade union leader Maduro has
driver and trade union leader Maduro has
driver and trade union leader Maduro has ruled by decree for the majority of his
ruled by decree for the majority of his
ruled by decree for the majority of his tenure and has struggled to win approval
tenure and has struggled to win approval
tenure and has struggled to win approval ratings throughout his time in the
ratings throughout his time in the
ratings throughout his time in the position as leader of the United
position as leader of the United
position as leader of the United Socialist Party of Venezuela Maduro has
Socialist Party of Venezuela Maduro has
Socialist Party of Venezuela Maduro has labeled the current crisis as a
labeled the current crisis as a
labeled the current crisis as a right-wing ploy to out him from power
right-wing ploy to out him from power
right-wing ploy to out him from power orchestrated by the United States and
orchestrated by the United States and
orchestrated by the United States and linked to the recent impeachment of
linked to the recent impeachment of
linked to the recent impeachment of fellow leftist Juma Rousseff in Brazil
fellow leftist Juma Rousseff in Brazil
fellow leftist Juma Rousseff in Brazil quote Washington is activating measures
quote Washington is activating measures
quote Washington is activating measures at the request of Venezuela’s fascist
at the request of Venezuela’s fascist
at the request of Venezuela’s fascist right who are emboldened by the coup in
right who are emboldened by the coup in
right who are emboldened by the coup in Brazil he said number seven who opposes
Brazil he said number seven who opposes
Brazil he said number seven who opposes the government despite Maduro x’
the government despite Maduro x’
the government despite Maduro x’ position as president of Venezuela the
position as president of Venezuela the
position as president of Venezuela the National Assembly is majority controlled
National Assembly is majority controlled
National Assembly is majority controlled by his political opposition following
by his political opposition following
by his political opposition following legislative election losses in December
legislative election losses in December
legislative election losses in December 2015 the Assembly is pushing for a
2015 the Assembly is pushing for a
2015 the Assembly is pushing for a recall referendum against the president
recall referendum against the president
recall referendum against the president as well as changes to the Constitution
as well as changes to the Constitution
as well as changes to the Constitution which could shorten his term from six
which could shorten his term from six
which could shorten his term from six years to four the state of emergency has
years to four the state of emergency has
years to four the state of emergency has been slammed by Maduro rivals as a quote
been slammed by Maduro rivals as a quote
been slammed by Maduro rivals as a quote desperate and panicked attempt to
desperate and panicked attempt to
desperate and panicked attempt to maintain control there’s also an
maintain control there’s also an
maintain control there’s also an ever-increasing number of public
ever-increasing number of public
ever-increasing number of public protests against Maduro as Venezuelan
protests against Maduro as Venezuelan
protests against Maduro as Venezuelan living conditions continue to
living conditions continue to
living conditions continue to deteriorate number six is the economy
deteriorate number six is the economy
deteriorate number six is the economy heading for collapse the International
heading for collapse the International
heading for collapse the International Monetary Fund has predicted that the
Monetary Fund has predicted that the
Monetary Fund has predicted that the Venezuelan economy will contract by 8
Venezuelan economy will contract by 8
Venezuelan economy will contract by 8 percent in 2016 while it shrank around
percent in 2016 while it shrank around
percent in 2016 while it shrank around 5.7 percent in 2015 the economic
5.7 percent in 2015 the economic
5.7 percent in 2015 the economic situation is bleak and analysts are
situation is bleak and analysts are
situation is bleak and analysts are predicting that it will only get bleaker
predicting that it will only get bleaker
predicting that it will only get bleaker the IMF has estimated that inflation
the IMF has estimated that inflation
the IMF has estimated that inflation could rise to as much as seven hundred
could rise to as much as seven hundred
could rise to as much as seven hundred and twenty percent in 2016 tipping
and twenty percent in 2016 tipping
and twenty percent in 2016 tipping Venezuela into all-out collapse the
Venezuela into all-out collapse the
Venezuela into all-out collapse the country is also heavily in debt with no
country is also heavily in debt with no
country is also heavily in debt with no immediate means of paying off what’s
immediate means of paying off what’s
immediate means of paying off what’s owed according to the Telegraph around
owed according to the Telegraph around
owed according to the Telegraph around 116 billion is due over the next two
116 billion is due over the next two
116 billion is due over the next two decades with a round of fifth of
decades with a round of fifth of
decades with a round of fifth of payments due in the next two years
payments due in the next two years
payments due in the next two years number five how have oil prices affected
number five how have oil prices affected
number five how have oil prices affected the economy as an OPEC member with the
the economy as an OPEC member with the
the economy as an OPEC member with the world’s largest proven oil reserves
world’s largest proven oil reserves
world’s largest proven oil reserves Venezuela’s economy has been through
Venezuela’s economy has been through
Venezuela’s economy has been through some exceptionally positive spells in
some exceptionally positive spells in
some exceptionally positive spells in recent history however as the price of
recent history however as the price of
recent history however as the price of oil has fallen so dry
oil has fallen so dry
oil has fallen so dry Stickley in the last two years and
Stickley in the last two years and
Stickley in the last two years and because oil accounts for around 95% of
because oil accounts for around 95% of
because oil accounts for around 95% of Venezuela’s export earnings the current
Venezuela’s export earnings the current
Venezuela’s export earnings the current economic crisis is distinctly caused by
economic crisis is distinctly caused by
economic crisis is distinctly caused by changing prices according to IMF
changing prices according to IMF
changing prices according to IMF estimations the Venezuelan state earned
estimations the Venezuelan state earned
estimations the Venezuelan state earned around 80 billion dollars through oil in
around 80 billion dollars through oil in
around 80 billion dollars through oil in 2013 the year Maduro took over as
2013 the year Maduro took over as
2013 the year Maduro took over as president
president
president however the projected figure for 2016 is
however the projected figure for 2016 is
however the projected figure for 2016 is only between 20 and 25 billion dollars
only between 20 and 25 billion dollars
only between 20 and 25 billion dollars with massive damage being inflicted in
with massive damage being inflicted in
with massive damage being inflicted in 2014 in particular when prices fell by
2014 in particular when prices fell by
2014 in particular when prices fell by around 50 percent number four
around 50 percent number four
around 50 percent number four how has inflation affected the country
how has inflation affected the country
how has inflation affected the country food and healthcare shortages are among
food and healthcare shortages are among
food and healthcare shortages are among the most pressing problems with
the most pressing problems with
the most pressing problems with Venezuelans lining up in the hundreds
Venezuelans lining up in the hundreds
Venezuelans lining up in the hundreds for basic supplies which are rapidly
for basic supplies which are rapidly
for basic supplies which are rapidly running out as the government massively
running out as the government massively
running out as the government massively cuts imports in a bid to save money
cuts imports in a bid to save money
cuts imports in a bid to save money supermarkets are struggling to stock
supermarkets are struggling to stock
supermarkets are struggling to stock food and hospitals are running
food and hospitals are running
food and hospitals are running dangerously low on medicine as a result
dangerously low on medicine as a result
dangerously low on medicine as a result a black market has emerged for buying
a black market has emerged for buying
a black market has emerged for buying and trading products which are now
and trading products which are now
and trading products which are now scarcely attainable there’s also a
scarcely attainable there’s also a
scarcely attainable there’s also a growing problem with looting as an
growing problem with looting as an
growing problem with looting as an already notoriously violent country
already notoriously violent country
already notoriously violent country turns more desperate by the day
turns more desperate by the day
turns more desperate by the day according to the Venezuelan Observatory
according to the Venezuelan Observatory
according to the Venezuelan Observatory of social conflict there were more than
of social conflict there were more than
of social conflict there were more than 166 looting incidents between January
166 looting incidents between January
166 looting incidents between January and April 2016 alone number three how
and April 2016 alone number three how
and April 2016 alone number three how have citizens reacted to the current
have citizens reacted to the current
have citizens reacted to the current state of affairs the observatory of
state of affairs the observatory of
state of affairs the observatory of social conflict also says that there
social conflict also says that there
social conflict also says that there were 2138 protests in Venezuela during
were 2138 protests in Venezuela during
were 2138 protests in Venezuela during the first four months of 2016 indicating
the first four months of 2016 indicating
the first four months of 2016 indicating exactly how unhappy the population has
exactly how unhappy the population has
exactly how unhappy the population has become CNN reports that a key poll now
become CNN reports that a key poll now
become CNN reports that a key poll now shows that almost 70% of Venezuelans
shows that almost 70% of Venezuelans
shows that almost 70% of Venezuelans believe that Maduro should be replaced
believe that Maduro should be replaced
believe that Maduro should be replaced and many are taking to the streets to
and many are taking to the streets to
and many are taking to the streets to make their feelings known
make their feelings known
make their feelings known Caracas the Venezuelan capital has seen
Caracas the Venezuelan capital has seen
Caracas the Venezuelan capital has seen tensions rapidly rise with its residents
tensions rapidly rise with its residents
tensions rapidly rise with its residents as black market trading and lootings
as black market trading and lootings
as black market trading and lootings intensify Venezuela also has a problem
intensify Venezuela also has a problem
intensify Venezuela also has a problem with violent crime levels and has one of
with violent crime levels and has one of
with violent crime levels and has one of the world’s worst homicide rates
the world’s worst homicide rates
the world’s worst homicide rates therefore analysts are worried that
therefore analysts are worried that
therefore analysts are worried that increasing public anger could result in
increasing public anger could result in
increasing public anger could result in bloodshed number 2 have these protests
bloodshed number 2 have these protests
bloodshed number 2 have these protests happened before Venezuela and Caracas in
happened before Venezuela and Caracas in
happened before Venezuela and Caracas in particular is no stranger to violent
particular is no stranger to violent
particular is no stranger to violent beginning in 1989 the cada Casso was a
beginning in 1989 the cada Casso was a
beginning in 1989 the cada Casso was a wave of demonstrations and riots in the
wave of demonstrations and riots in the
wave of demonstrations and riots in the city which escalated into shootings and
city which escalated into shootings and
city which escalated into shootings and massacres at that time protesters were
massacres at that time protesters were
massacres at that time protesters were targeting economic reform brought in by
targeting economic reform brought in by
targeting economic reform brought in by the then government and a series of
the then government and a series of
the then government and a series of week-long clashes resulted in hundreds
week-long clashes resulted in hundreds
week-long clashes resulted in hundreds of deaths fights broke out between those
of deaths fights broke out between those
of deaths fights broke out between those for and against the government but also
for and against the government but also
for and against the government but also between the people and the country’s
between the people and the country’s
between the people and the country’s security forces and military
security forces and military
security forces and military unofficially
unofficially
unofficially many believe that venezuelan police
many believe that venezuelan police
many believe that venezuelan police killed thousands of protesters during
killed thousands of protesters during
killed thousands of protesters during kodaka so as Maduro state of emergency
kodaka so as Maduro state of emergency
kodaka so as Maduro state of emergency hands increased control to the
hands increased control to the
hands increased control to the venezuelan forces in 2016
venezuelan forces in 2016
venezuelan forces in 2016 some fear that we could yet see similar
some fear that we could yet see similar
some fear that we could yet see similar scenes to those they had almost 30 years
scenes to those they had almost 30 years
scenes to those they had almost 30 years ago
ago
ago number one will the international
number one will the international
number one will the international community intervene the Venezuelan
community intervene the Venezuelan
community intervene the Venezuelan crisis is front-page news in the
crisis is front-page news in the
crisis is front-page news in the Americas but the International reaction
Americas but the International reaction
Americas but the International reaction is still somewhat muted this could be in
is still somewhat muted this could be in
is still somewhat muted this could be in part due to Maduro zante u.s. narrative
part due to Maduro zante u.s. narrative
part due to Maduro zante u.s. narrative where he insists that the country’s
where he insists that the country’s
where he insists that the country’s problems can be blamed on a clash
problems can be blamed on a clash
problems can be blamed on a clash between right and left political
between right and left political
between right and left political ideologies our only enemy is the
ideologies our only enemy is the
ideologies our only enemy is the government in Washington well you ever
government in Washington well you ever
government in Washington well you ever look at your living walking boom
look at your living walking boom
look at your living walking boom the White House has recently renewed
the White House has recently renewed
the White House has recently renewed legislation to sanction human rights
legislation to sanction human rights
legislation to sanction human rights abuse and corruption in Venezuela but is
abuse and corruption in Venezuela but is
abuse and corruption in Venezuela but is unlikely to get involved at this stage
unlikely to get involved at this stage
unlikely to get involved at this stage at the risk of giving Maduro ammunition
at the risk of giving Maduro ammunition
at the risk of giving Maduro ammunition for his anti America rhetoric the more
for his anti America rhetoric the more
for his anti America rhetoric the more optimistic onlooker might still believe
optimistic onlooker might still believe
optimistic onlooker might still believe that Venezuela can overcome its problems
that Venezuela can overcome its problems
that Venezuela can overcome its problems without need for international help at
without need for international help at
without need for international help at all
all
all Maduro lost the National Assembly in
Maduro lost the National Assembly in
Maduro lost the National Assembly in late 2015 and has been losing public
late 2015 and has been losing public
late 2015 and has been losing public support since the start of 2016
support since the start of 2016
support since the start of 2016 Tomoe con sorry collodion omeka Teta KKK
Tomoe con sorry collodion omeka Teta KKK
Tomoe con sorry collodion omeka Teta KKK r economica s own exists a Maduro la
r economica s own exists a Maduro la
r economica s own exists a Maduro la gare economical atenas – contra nosotros
gare economical atenas – contra nosotros
gare economical atenas – contra nosotros it just remains to be seen whether he
it just remains to be seen whether he
it just remains to be seen whether he can cling to his position or whether
can cling to his position or whether
can cling to his position or whether it’ll be wrestled away from him did
it’ll be wrestled away from him did
it’ll be wrestled away from him did these facts get you thinking to vote for
these facts get you thinking to vote for
these facts get you thinking to vote for which news story is covered next head
which news story is covered next head
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