Venezuela Economy Continues Its Collapse Under Pressure of Socialism and COVID19 Pandemic

In the midst of the coronavirus pandemic Venezuela is suffering from the most acute fuel shortage in years. Although Venezuela sits on the largest oil reserves in the world, the country’s refineries produce less than 10% of their capacity without investment, maintenance, and difficulties in importing fuel. The shortages prevent farmers from moving their crops … Continue reading Venezuela Economy Continues Its Collapse Under Pressure of Socialism and COVID19 Pandemic