Stories Tagged as
Venezuela
Venezuela's 360% inflation fuels migration, poverty
Dec 6, 2023
While the economy is slowly improving, a quarter of Venezuela's population has left the country as high inflation and low wages persist.
After fleeing violence, many Venezuelan migrants seek work but lack permits
Nov 21, 2023
Some have temporary protected status, but work permits can take time. Those who arrived after July 31 can’t work legally.
Despite lifted sanctions on Venezuelan energy, don't expect a boom in oil exports
by
Lily Jamali
Oct 25, 2023
While demand for crude oil is high, greater investment and management would be needed to boost oil exports from Venezuela.
With Venezuela's collapsing government, "the collapse of everything else"
by
Kai Ryssdal
and Bennett Purser
May 7, 2019
Why economist Carlos Hernández is staying in the country, despite political turmoil and zero economic opportunity.
Bitcoin offers stability in Venezuela's shaky economy
by
Kai Ryssdal
, Bennett Purser
and Liz Sanchez
Mar 4, 2019
One Venezuelan economist uses bitcoin to defend his family against financial instability.
Living through the economic crisis in Venezuela
by
Sean McHenry
Feb 11, 2019
For lawyer Juan Carlos Senior, the crisis has meant consumer prices he just can afford.
A look at Venezuela's economy as Maduro begins his second term
by
Anu Anand
and Danielle Chiriguayo
Jan 10, 2019
An estimated 5 million Venezuelans have left the country due to high poverty rates.
For public good, not for profit.
Venezuela launches new currency, but problems remain
Aug 20, 2018
Today Venezuela rolls out its new currency – the “sovereign bolivar.” It’s one of several steps the country is taking to curb runaway inflation, which is likely to top 1 million percent this year, according to the International Monetary Fund. What effect will this have on the South American nation’s economy? Click the audio player […]
Venezuela turns to crypto currency, hoping to salvage battered economy
Feb 20, 2018
Venezuelan government will begin pre-selling a cryptocurrency today, called the "petro."
Why Venezuela is in the midst of an oil industry "death spiral"
by
Anu Anand
Jan 19, 2018
New figures show Venezuela’s oil output plummeted again last year, continuing a years-long streak of falling production. What will it mean for the economy as inflation soars and quality of life for residents declines? Rice University’s Francisco Monaldi explains why he calls the trend a “death spiral” for the country’s oil industry. Click the above audio […]