Monday, November 28, 2016

Venezuela close to breaking point

As Venezuela sinks deeper into political crisis, its economy is close to collapse. With hyperinflation, food shortages, malnutrition and extreme poverty, daily life for Venezuelans is becoming increasingly tough. Our reporters went to meet them.Venezuelans have been going hungry for months. The queues in the half-empty supermarkets are getting longer and locals say they are growing alarmingly thin. Basic food items such as coffee, sugar and flour are becoming increasingly scarce and the country is now forced to import all its consumer products. With rampant inflation, Venezuelans’ purchasing power has fallen by 30 percent in the last three years. Famine is threatening many families, while poverty is hitting the middle classes. More...

No comments:

Post a Comment