What’s more, it’s sitting on a treasure
trove of black gold, with oil reserves that should make it one of the richest
countries in the world. So why does Venezuela have a terrifying reputation for
danger and corruption, an overcrowded capital filled with slums, and healthcare
so poor there are queues down the street to buy painkillers? In his fascinating BBC series Simon
Reeve’s Caribbean, currently showing on SBS, the presenter delves deep into the
dirty reality of life in one of the world’s most magnificent regions. Venezuela
has the largest proven oil reserves in the world and has earned more than a
trillion dollars from oil in the past 20 years. Socialist president Hugo
Chavez, who led the country until his death in 2013, vowed to use the oil money
to help the poor, but years of what Reeve calls “gobsmacking economic
mismanagement” has left one in three Venezuelans living in poverty. More…
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