Venezuela, which once was one of the richest countries in Latin America, is now dealing with hyperinflation, migration and ...

CARACAS – Venezuela’s economy grew over 9% in 2024, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday. “In 2023, we had ...

Crashing oil prices have left Venezuela, which gets 95% of its export ... Unrelenting inflation has also staggered the economy. The rate reportedly reached 69% in December 2014, and estimates ...

The economy contracted by almost 6% last year, and is expected to shrink by as much as 10% this year. Venezuela was once Latin America’s exemplar: home to Simón Bolívar, who freed much of the ...

Venezuela’s second quarter (2Q) Gross Domestic Product (GDP) was 2.5%, below the expectations of the Government and below the first quarter GDP’s 4.8% rate, probably indicating that the ...