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Venezuelan President Nicolas Maduro announced a 6% economic growth for the second quarter of 2025, despite ongoing U.S.
CARACAS, Venezuela (AP) — President Nicolas Maduro is reassuring foreign creditors that Venezuela's government will make good on a $4.5 billion foreign debt payment due next month. But ...
Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...
Venezuela's Economic Crisis: What You Need to Know. The situation has deteriorated in recent years because of a variety of factors. By ABC News. June 21, 2016, 4:43 PM.
Venezuela’s economy has heaved during 2014 and the situation isn’t likely to improve in 2015. In early 2014 after Ford and General Motors reported combined write-offs of $710 million and ...
Venezuela’s currency, the bolivar, is overvalued and artificially propped up by an arcane system of currency controls. The bolivar, like Venezuela’s economy, is trapped in a downward spiral.
Venezuela’s economy has been unraveling for years. Citizens wait in long lines to buy food and other necessities. Hospitals lack basic supplies and medicine. According to the International ...
Venezuela is facing a resurgence of violence and economic turmoil following allegations of fraud in the recent presidential elections favoring Nicolás Maduro. These accusations have ignited ...
Venezuela might be the world's worst economy. With 68% inflation, the highest across the globe, Venezuela comes in just ahead of war-torn Sudan and heavily-sanctioned Iran.
New estimates from the large Venezuelan data firm Ecoanalítica suggest that the economy could shrink 10.4 percent this year, exacerbating a four-year nosedive that some economists already call ...
Venezuela has lost half of its economy since 2013. It's getting worse. Unemployment will reach 30% and prices on all types of goods in the country will rise 13,000% this year, according to new ...