Parts of Caracas, the capital of Venezuela, are experiencing
blackouts, according to Reuters. It's not the first time the country has
experienced serious problems with its electrical grid. In June a presidential
ceremony was interrupted and transit grounded to a halt when widespread
blackouts hit the country. In that instance, the darkness was due to a power
plant failure. This round of outages are hitting at a crucial time for
Venezuela. Oil prices have plummeted over the past several weeks, and the
commodity makes up 95% of Venezuela's exports. Officials More…Friday, December 5, 2014
The Lights Are Going Out In Venezuela
Parts of Caracas, the capital of Venezuela, are experiencing
blackouts, according to Reuters. It's not the first time the country has
experienced serious problems with its electrical grid. In June a presidential
ceremony was interrupted and transit grounded to a halt when widespread
blackouts hit the country. In that instance, the darkness was due to a power
plant failure. This round of outages are hitting at a crucial time for
Venezuela. Oil prices have plummeted over the past several weeks, and the
commodity makes up 95% of Venezuela's exports. Officials More…
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