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Current Event July 11, 2016

Venezuela in Chaos


For years, socialist president of Venezuela Hugo Chavez, led the country as a dramatic presence. Three years after his death, Venezuela is spiraling downward. It’s economy depended mostly on oil, and with the crash in oil prices there are rolling power blackouts and food shortages. The government can’t pay to import goods, so many grocery shelves are empty, leaving hungry citizens to resort to looting. Venezuela’s president, Nicolás Maduro, has refused to allow a recall referendum against him and the country is becoming politically unstable. Listen to hear more about the crisis in Venezuela.

Economics Politics Latin America

Story Length: 3:16

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SOURCE:

National Public Radio © 2016 National Public Radio, Inc. Used with the permission of NPR. All rights reserved.

AIR DATE: 07/05/2016


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