Venezuela: Food Prices Fall More Than ExpectedJuan Lorenzo Maldonado
Hunger is a familiar specter in Venezuela, which suffered years of hyperinflation in the second half of the last decade, as the government of President Nicolas Maduro printed money to pay its debts amid a slow-down in oil prices. Many Venezuelans were left to scour through...
Food Prices Numbeo is the world’s largest database about food prices worldwide! Numbeoallows you to see, share and compare information about food prices worldwide and provides an estimate of the minimum amount of money required for food per person per day....
The World Bank recently released a report of the countries hardest hit by food inflation in the world. Zimbabwe tops that list with food inflation of 353% in the month of August 2022, beating Lebanon (240%), Venezuela (131%), and Sri Lanka (91%) to the top post. The three countries...
With oil prices having plunged in the last two years, Venezuela's state-run oil company, PDVSA, is next to broke. In April, Schlumberger, which provides oil-drilling equipment and technology, said it would lower its services to Venezuela due to unpaid bills. With less drilling capability, ...
But not all oil producers have big reserves, In Venezuela, collapsing oil prices have sent its economy into free-fall.Economist Carl Weinberg believes the negative effects of plunging oil prices are overwhelming the positive effects of cheaper oil. The implication is a sharp decline in global ...
The announcement comes as Venezuela grapples with soaring food prices amid four-digit inflation, making it challenging for families to afford nutritious meals. The Rome-based agency has estimated that one of every three Venezuelans is struggling to consume enough daily calories. ...
In what they said was an attempt to combat “speculation,” authorities last week forced over 200 supermarkets to slash prices, creating chaos as desperate Venezuelans leapt at the chance to buy cheaper food. Some supermarkets were sold out of fruit and vegetables, and staff were unsure if the...
Struggling for Food in an Oil-Rich Economy 来自 highbeam.com 喜欢 0 阅读量: 7 作者: W Neuman 摘要: Venezuela is one of the world's top oil producers at a time ofsoaring prices, yet shortages of...收藏 引用 批量引用 报错 分享
Venezuela is expected to see an economic recovery in the second half of 2016 thanks to a new food supply plan, a Venezuelan economist has said.