Thursday, May 28, 2015

Things Do Not Bode Well for Venezuela


A few days ago, many wondered about the endurance capacity of Venezuelans, beset by many misfortunes. For starters, the pressure for an economic collapse, with the central bank’s international reserves at their lowest level in 13 years, and free exchange rates out of control, are keeping the country on a razor’s edge, translated into hardships for the population. To this is added the social pressures that have given rise to general shortages, blackouts, failures in water supplies, the escalation of violence, and even armed confrontations between criminal gangs and the authorities; corruption and drug-trafficking scandals involving senior officials of the Government, etc.More…

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