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Venezuela bondholders inch toward showdown

Friday, February 24, 2017

AP Analysis: In Venezuela, short on food, short of hope

Venezuela is so short on food that tens of thousands are going hungry or even starving. Its murder rate is among the highest in the world. Its economy is so crippled that the average shopper spends 35 hours a month waiting in line — three times more than in 2014. Yet even as the country becomes increasingly unlivable, the socialist government is more entrenched than it has been in years. A sense of hopelessness has settled over what was once among the richest nations in South America, a belief that nothing will really change. More…

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