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Monthly Archives: December 2014

Used Vehicles Do Not Depreciate in Venezuela

TODAY VENEZUELA - Given the decline in vehicle production, which in October 2014 stood at 81.6% according to the Venezuelan Automotive Chamber, and therefore, given the lack of availability of new cars, used cars...

Amid Growing Violence, Venezuelans Take Extreme Security Measures

TODAY VENEZUELA - In the first two weeks of December, Venezuela's capital city registered over 200 deaths in what is shaping up to be a year of record homicides as wealthier residents react by...

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Recent Wave of Looting Shows Extent of Hunger in Venezuela

The economic crisis and the food shortage in Venezuela is so serious that looting has become commonplace throughout the country. In January alone, nearly...

Gourmet Chocolate Becomes Economic Lifeline in Venezuela

Caracas (VOA) - In a modest apartment near a Caracas slum, nutrition professor Nancy Silva and four aids spread rich, dark Venezuelan cocoa on...

As Crisis Worsens, Venezuelans Turn to Perilous Escape Routes by Sea

On January 10, a group of Venezuelan rafters headed for Curaçao were met with tragedy. Many people on the raft died, and then the...

Venezuela Cuts Transport Connection With Neighboring Islands to Fight Smuggling

Venezuelan President Nicolas Maduro has announced that the transport connection with the Dutch islands of Aruba, Curacao and Bonaire will be cut amid the...

Venezuela’s Economic Woes Forces Women Into Prostitution to Feed Children

A three-story hotel in western Caracas has become home to a 50-year-old prostitute, Juana, who, along with her 30-year-old daughter, works in a brothel...

New Monthly Minimum Wage in Venezuela Barely Enough to Buy Daily Cup of Coffee

Venezuelan President Nicolás Maduro announced a new increase in the minimum wage this year, but it’s only worth enough to purchase one a cup...

Maduro Announces 40% Minimum Wage Increase for New Year

Venezuelan President Nicolas Maduro announced Sunday, just before the new year, a 40 percent increase in the minimum wage — as a protection for...