In just over two years, President Nicolás
Maduro has squandered much of the political capital Hugo Chávez built up during
his 14 years in office. The dramatic drop in world oil prices last summer has
put a dent in the populist generosity of the governing United Socialist Party
of Venezuela. The country’s gross domestic product has fallen fast since the
first quarter. The inflation rate is in the triple digits — there is no way of
knowing exactly because the figure is no longer published. Homicide numbers
have reached record levels. There are chronic shortages of basic goods:
chicken, meat, car batteries, antiretroviral drugs. The government is trying to
impose rationing, using fingerprint scanners and limiting people to buying
certain products only one day per week. To buy diapers you must show your
child’s birth certificate. More… Thursday, September 17, 2015
Colombian Migrants Are the Scapegoats of Venezuela
In just over two years, President Nicolás
Maduro has squandered much of the political capital Hugo Chávez built up during
his 14 years in office. The dramatic drop in world oil prices last summer has
put a dent in the populist generosity of the governing United Socialist Party
of Venezuela. The country’s gross domestic product has fallen fast since the
first quarter. The inflation rate is in the triple digits — there is no way of
knowing exactly because the figure is no longer published. Homicide numbers
have reached record levels. There are chronic shortages of basic goods:
chicken, meat, car batteries, antiretroviral drugs. The government is trying to
impose rationing, using fingerprint scanners and limiting people to buying
certain products only one day per week. To buy diapers you must show your
child’s birth certificate. More…
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