Tag Archives: In graphics: a political and economic guide to Venezuela

In graphics: a political and economic guide to Venezuela

In graphics: a political and economic guide to Venezuela

Venezuela: a nation in a state

OF ALL the unflattering words used to describe the state of the country he governs, “disaster” is the one Venezuela’s president, Nicolás Maduro, dislikes the most. Perhaps that is because it is so apt. Under his watch, the nation has entered a steep decline. Mr Maduro has restricted the publication of official economic figures. Those that have been divulged confirm that 2015 was a very bad year. And 2016 is going to be worse.

A global oil boom, which provided Hugo Chávez, Mr Maduro’s populist predecessor, money to lavish on Venezuela’s once neglected poor, is over. Mr Maduro has failed to persuade voters that he is a worthy heir.  Continue reading

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