The economy of Venezuela will grow above nine percent in 2025, according to a report by ECLAC that positions the country as ...

Venezuela was once the fourth-richest country in the world and a leading power in Latin America. With the largest proven oil reserves on Earth, it seemed destined for lasting prosperity. But today, it ...

He attributed the decision mostly to the impact of the U.S. tariffs on the global economy, but Venezuela’s latest economic troubles predated Trump’s announcement.

(Reuters) -Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government declaring a state of economic emergency in response to U.S. sanctions and ...

But the growth mostly concentrated in Caracas, and communities across the country, including Maracaibo, which prides itself in being the heart of the oil industry, did not see major gains.

Inflation, currency woes worsen Venezuela’s complex crisis as Maduro declares ‘economic emergency’ AP Venders sell in the street in Caracas By Associated Press Published April 15, 2025 1:17 am ...

AP News AP International Inflation, currency woes worsen Venezuela’s complex crisis as Maduro declares ‘economic emergency’ By The Associated Press - ...