As per the revelation by annual national
survey, the woes of the South American nation of Venezuela has reached a
shocking stage. The survey showed nearly three-quarters of respondents losing
an average of 19 pounds between 2015 and 2016. This is just part of the sad
stories plaguing the Latin American nation for a long time now. The country’s
National Survey of Living Condition is overseen by three major Venezuelan
universities and other research groups. Venezuela has been suffering from an
economic crisis from 2014, after oil prices around the world plunged. This
along with the government’s short-sighted fiscal policy and overreliance on
unaffordable imports that it can’t afford to keep up, the economy has ground to
a halt. More…
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