Thousands Of Protestors In Venezuela

As of now China is giving aid to you in exchange for free oil, this arrangement is creating more harm than good as Venezuela is not selling enough of its oil and is loosing more in this deal in the long run, Venezuelans currently pay next to nothing for gas and one U.S. Penny now purchases about five gallons of gas in Venezuela. Loosing foothold in the oil market has lead to a staggering inflation to where citizens can no longer afford basic commodities. This is clearly a problem as you know your country is in largely an importing country, your government can no longer afford to pay for importations of foods and items such as flour, sugar and other commodities. Venezuelan citizens can be seen standing outside of supermarkets for hours hoping to buy good that are either sold out, were never in stock or are priced way out of their range like a bag of sugar for $12,000 dollars. Many citizens have resorted to getting good spots in lines and selling them just to make money. Your currency problem is only made worse by the inefficient and confusing exchange market. Currently your currency is loosing value faster than any other country in the world. Last year one U.S. Dollar was equaled to 88 bolivars now it is equal to 190 bolivars. Venezuela now has 3 official currencies there is the government official bolivar, then the limited exchange currency the SICAD1 and introduced just this year is the SICAD2 which is used for the private market. Lastly there is the

On December 6th, 1998, Venezuela democratically elected a man who would come to symbolize the era of 21st Century Socialism in the form of Colonel Hugo Chavez Frias. Chavez’s Movement of the Fifth Republic (MVR) and Bolivarian Revolution would set its sights on massive reforms for a nation that had marginalized an impoverished 50% of households and corrupted the government into an exchange between two dominant parties, forever changing the story of Venezuela and its people.

Latin America’s history has been paved by the various social movements that give a voice to the indigenous and the forgotten populations. In Venezuela, the Bolivarian Revolution sparked a movement that fought to liberalize the country from the elitist and foreign influence. Under Hugo Chavez’s presidency and leadership, the Bolivarian Revolution flourished as a leftist social movement in pursue of popular democracy, economic independence, equality, and an end to political corruption. In this paper I will discuss the origin of such an impactful movement, its significance, success and failure. As well as, how it shaped Venezuela’s present day.

Nicolas Maduro, president of Venezuela has been trying to change the constitutional body of Venezuela which has lead people to think he is on the path of dictatorship. Nicolas Maduro has been saying it is for the good of the people that he is going to take over the Congress, but the people of Venezuela disagree. This made people want him to resign and has lead to very violent protest between the two. These actions have totally reflected on revolution because it is about the people of Venezuela protesting against Nicolas Maduro and how they are rebelling.

In 1998, Hugo Rafael Chavez Frias became the president of Venezuela. He had a plan to make a communist country; it means that he wanted to bring everyone to the same economic level. He along with all public authorities started creating new institutions, and trying to show all the population that they have a very efficient model of governance which is way different from the past governments.

Venezuela is currently in an economic crisis. There is a shortage of food, medical supplies, electricity, and more. Due to the disastrous state of the country, two large airlines, Lufthansa and LATAM, will be suspending service to Venezuela. Correspondingly, eighty-five percent of companies have halted production. Venezuela, a country that contains the world's largest known oil reserve suffers because oil prices have lost half its value, yet the government has not cut back from expensive spending. Resultantly, the government cannot pay for imports for basic items, such as milk, butter, eggs, and flour. A citizen of the country also stated his family has learned to live without bread while finding substitute. The severe shortages of food have

It is widely known that Venezuela has been having an economic crisis. But did you know it is so bad that it is being compared to the crisis that Venezuela faced in 1989? Hundreds of people in the poverty struck country have begun to loot grocery stores and trucks all in a bid to feed their families, according to a Reuters report posted Sunday, June 12, 2016.

Venezuela had always been a wealthy country in which people had a great life and everything they could ask for. They had a dictatorship hidden behind a democratic institution in control of the ex-president Hugo Chaves, which people thought was a good government because they had it all. But all these changed when Chaves passed away and, actual president, Nicolas Maduro came to power. He established a socialist dictatorship which has been prejudicial to the country’s economy and people. Since his rise to power, many multinational franchises have been leaving the country because of its no-profit structure. Markets don’t get enough goods, which made people upset and even angry. Prices raised in such a way that people couldn’t buy food for their families with the money they made. So, the people

Another outcome that can be used in Venezuela is a regime change. For instance the prohibition of US dollars in oil transactions as it was done in Iran to change its regime. The crisis in Venezuela is caused by first mismanagement of the economy, the populist policies, its dysfunctional exchange rate system, and the currency of the money used in Venezuela. The Bolivar is the official currency of Venezuela. Which currently has lost almost all of its value against the US dollar. The country’s economy has fallen into a problem in the past few years due to a plunge in global oil prices and a miss leading government response to the crisis. The reduction or elimination of foreign currency in Venezuela means to make some adjustment to its economy

Venezuelans have been living with a shortage of food and essential items for nearly three years. Venezuela is rich in oil, but due to the drop in oil prices; It's management of available resources appear to have grown out of control. The storage of necessary items such as food, electricity and water has enraged and deepen the feeling of despair that many of the people of Venezuela experience each day.

The first leader of Venezuela, Hugo Chavez was not known for much. He was a huge disgrace for Venezuela. Chavez made life hard for the Venezuelan people with his bad policies. He made prices go up by twenty-three percent a year for more than ten years. This brought a lot for hardship for the Venezuelan people, causing to fall behind because they couldn’t afford anything. He made too many big, state owned companies but there were not enough people to work there. and less people to work them, which made the production fail.(Dolack)

With over 400 individuals arrested for looting and inciting riots, civil unrest continues throughout Venezuela. Turmoil continues to plague the country nationwide as failed economic policies, political chaos, and energy disruptions tighten its grip on the frustrated population. The murder rate is increasing as government security forces seek to control crowds engaged in political demonstration, violence, and looting.

Violence towards government’s opposition is a serious problem in Venezuela and it has been increasing through the years. It affects every single one of the Venezuelans and many people around the world may not be conscious about it. Even though, it can be extremely hard to solve this problem, in fact, it requires many effort, dedication, patience and of course, time. People need to understand that every problem has a solution and they cannot give up right now. It is time for each person to express herself/himself without being afraid or feeling intimidated. As a final point, it is important to understand that as humanity evolves, more problems are will be originated and it is up to society to be prepared to solve those

There are mass shortages. There is simply just not enough food to go around. Imports have fallen two-thirds since 2012. Venezuela’s economy dipped 8 percent in 2016 and is expect to dip even more this year. Since the price controls are so tight, even private companies cannot import raw materials. Coca-Cola halted production in 2015 due to a sugar shortage. The government continues to blame the economic disaster on an economic war started by foreign powers that are against the Venezuelan government. Maduro claims the business elite supported by countries like the United States and Spain have cut back production on foodstuffs to create a shortage, hoping to detonate a social crisis that would help dethrone him. The citizens are looking for their own solutions. They have no choice but to buy food on the black market. Prices on the black market are many times that of the government-established price. The government is on a crack down on these black market food distributors who obtain food illegally and resell it at a steep price. One of the country’s most costly price controls is that on gasoline. You are able to fill up a full take for a few cents. On the black market you could flip gasoline and make more money over the boarder. This is so profitable that even engineers, doctors, and lawyers have given up their day job to participate. You will even find children smuggling gasoline in coke bottle across the border into Colombia. The

Though Maduros policies aligned with Chavez, the inflation rate was over 60%. When looking and resource shortages and obvious violence of protesters versus the government it creates growing resentment. Maduro struggles to maintain power but crime rates are increasing and so is poverty. There seems to be growing resentment because MAduro is not Chavez and the price of oil continues to drop, because people don’t feel connected to maduro he is used as the scapegoat for these economic issues and therefore people don’t trust their government as fit to provide food shelter and safety for them. This causes an illegitimate government.