Wednesday, February 12, 2014

What Is Happening Today In Venezuela?


Venezuela has suffered a progressive deterioration over the past 15 years, which has been “made-up” thanks to high oil prices worldwide. During all this time, serious damage has been caused to the entire private production chain without having developed an official industry able to replace it. But the economic downturn is not the most serious facing the country today;  there are many other problems such as safety, inflation, shortages, unemployment, lack of essential medicines, public health, and prison violence. All these issues have been obscured in recent years due to “emergency” government policies which do not correct the underlying problems but only reduce their short-term effects. More...

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