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 is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...

Nicholas Watson: Venezuela has been in a slow-burn crisis for some time: the signs were present well before Chavez’s death in 2013.However, what we are seeing represents a new – and very ...

Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing. Defenders of the Bolivarian project, though, say ...

But after the global oil price collapse in late 2014, the Venezuelan economy, whose greatest export is petroleum, began printing more money. Bloomberg reported that Venezuela was "scrambling to ...

Venezuela’s inflation crisis worsened in March 2025, with consumer prices surging 13.1% in a single month, according to the Venezuelan Finance Observatory, an independent monitoring group.

Venezuela is in the grip of a major crisis. For the last month, hundreds of thousands of protesters demonstrating against the government of President Nicolas Maduro have been met by riot police ...

Venezuelan opposition leaders called Monday for a 24-hour nationwide strike to increase pressure on the socialist government after more than 7 million people rejected a plan to rewrite the ...

Born in 2008 in response to the global banking and credit crisis, bitcoin has found its "patient zero" a decade later in Venezuela. Faced with hyperinflation, a worthless local currency and a ...

The Venezuelan refugee crisis is the most underfunded in modern history, according to an analysis from the Brookings Institution published this week. About 4.7 million Venezuelans, 16 percent of ...

Venezuelan baseball players are defecting to Europe amid economic crisis Venezuela's economic malaise and political paralysis under the country's increasingly authoritarian government is impacting ...