We compiled nine hard-to-believe facts about Venezuela's economy that illustrate the devastating effects of the nation's crisis: Inflation in Venezuela may hit 10 million percent this year.

More negative news about Venezuela came up recently, on Dec. 1, when the country was suspended from MERCOSUR (the South American Trade bloc). This means there will be an additional burden on the ...

When we last checked in with Venezuela, the country was already being crippled by shortages. The situation has deteriorated further. Water is now rationed by the government, and some residents ...

Venezuela is postponing the nationalization of Banco Venezuela, a local unit of Spain's financial conglomerate Grupo Santander <SAN.MC>, as tumbling oil prices bite into the OPEC nation's income.

Tensions remain high in Venezuela following a disputed presidential election on July 28, 2024. According to Human Rights Watch, at least 24 people have been killed, including protesters and ...

Venezuelanalysis.com brings readers two articles with all the facts and background on the voting processs and the presidential elections in Venezuela this Sunday. Briefing – Venezuela’s Presidential ...

Venezuela will almost triple the amount of debt it takes on this year and trim its budget to offset lower oil revenues in the OPEC nation, leftist President Hugo Chavez said on Saturday.

MÉRIDA, Venezuela- José Betancourt, 75, climbed to the glacier of Pico Bolívar, Venezuela’s highest peak, 158 times before it ...

Venezuela is one of the most highly-urbanised countries in Latin America. It has some of the world's largest proven oil deposits as well as huge quantities of coal, iron ore, bauxite and gold.

One place in Venezuela, near the confluence of the Catatumbo River and Lake Maracaibo, experiences dazzling lightning storms almost every day, making it Earth’s most electric spot.

Here are the key things to know about Sunday’s vote. Venezuela has been under socialist rule since late president Hugo Chavez won the presidency in 1998. Nicolás Maduro, 61, Chavez’s ...