Venezuela

World News

Venezuela's Economic Implosion Exacerbates Inequality

12:27pm July 07, 2016

by Lulu Garcia-Navarro

There are two Venezuelas. In one, mothers have no milk for their children. In the other, you can get milky cappuccinos. The country's severe economic problems have worsened inequality.

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People line up outside the Venezuelan National Electoral Council in Caracas, the capital, on Monday. They were confirming their signatures supporting a recall referendum against President Nicolas Maduro. The country is suffering skyrocketing inflation and

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Angry Venezuelans Press For Recall Vote To Oust President Maduro

6:45pm June 23, 2016

by Lulu Garcia-Navarro

With the economy in free fall, opponents of the president are trying to get enough signatures to hold a recall vote this year. They say Nicolas Maduro and his Socialist Party are trying to block them.

An angry man outside a grocery store argues with a policeman in Caracus, Venezuela, on June 8 amid the country's ongoing food shortages. After waiting for hours, customers began protesting, an increasingly common occurence in Venezuela, which is suffering

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As Food Crisis Worsens, Venezuelans Loot Almost-Empty Stores

1:16pm June 20, 2016

by John Otis

As food becomes increasingly scarce, hungry Venezuelans have carried out dozens of riots this month, ransacking stores that have little on their shelves.

Bust Times In Oil-Rich Venezuela: 'The Banks Don't Have Money To Give Out'

1:42pm June 08, 2016

New York Times reporter Nicholas Casey talks about life in Venezuela, where the collapse in oil prices has caused shortages of everything, including water, electricity, medicine and cash.

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Furloughed Polar workers picket outside Polar's Caracas brewery, which shut down in April. They are protesting against the government, which has impeded Polar's ability to import barley.

Venezuela Is Running Out Of Beer Amid Severe Economic Crisis

4:59pm May 31, 2016

by John Otis

The country's largest beer producer, Empresas Polar, halted operations because the government restricted access to imported barley. But the president has pinned the entire food crisis on Polar.

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A man uses a vegetable container to carry currency notes in a market in Caracas on May 21. Amid a crushing economic crisis and triple-digit inflation, Venezuela's bolivar has lost so much value that the largest bill, the 100-bolivar note, is now worth les

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In Venezuela, Devalued Money May Weigh More Than Whatever You Can Buy

9:49am May 28, 2016

by John Otis

Reporter John Otis reflects on the changes in Venezuela since he first arrived there 19 years ago. The country now confronts triple-digit inflation and its largest bank note is worth less than a dime.

A protester wears a respirator mask during a demonstration against President Nicolas Maduro in Caracas, Venezuela, on May 18. Police used teargas against some demonstrators.

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Venezuela's Government Plays Hardball To Block Opposition's Recall Effort

9:23am May 24, 2016

by John Otis

Day after day, there is less food on the shelves, less power to turn on lights or run businesses and more anger over the difficulties. But opposition efforts to recall the president are being stymied.

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A family sits at a candlelit table in the state of Barinas, 370 miles west of Caracas, on Monday.

Venezuela Cuts Public Employees' Workweek To 2 Days To Save Energy

10:52am April 27, 2016

by Merrit Kennedy

President Nicolas Maduro says public sector workers will work only on Mondays and Tuesdays. Venezuela is grappling with drought that has shrunk water levels at the country's main hydroelectric dam.

A customer buys candles for electricity rationing and Holy Week at a shop in central Caracas, Venezuela, in March.

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Venezuela Announces Daily 4-Hour Power Cuts Amid Drought

1:21pm April 22, 2016

by Merrit Kennedy

"It's necessary, it's a sacrifice," Electricity Minister Luis Motta Dominguez told the country on Thursday. The news broke as Venezuela's largest brewer said it will be suspending beer production.

Venezuela's President Nicolas Maduro announced a plan to cut down on the country's power usage in an effort to save water.

To Save Power, Venezuela Gives Public Employees Fridays Off

6:27pm April 08, 2016

by Laura Wagner

As a drought pushes water levels to extreme lows, President Nicolas Maduro has declared every Friday a holiday for the next two months to save water and electricity.