essay on water pollution in urdu how to start a thesis statement ap language and composition argument essay 20110 here click here diflucan use in pregnancy essay about banking service thesis online learning pdf source site definition essay about true friends essays how to reference levitra new bremen follow follow site written essay on xenophobia viagra ne demek kurkuma tee dosierung viagra get link can i take cialis and ibuprofen order professional custom essay on donald trump animalism in animal farm essay cialis price in hk best discount viagra viagra More than 75 percent of Venezuelans are now living in extreme poverty, according to a new study published on Wednesday, Reuters reported.

The 2020-2021 National Survey of Living Conditions found that the percentage of Venezuelans living in extreme poverty rose by nearly 10 percentage points from last year, the wire service noted, from 67.7 percent last year to 76.6 percent this year.

Roughly 95 percent live in poverty when only looking at income levels, according to the study, run by researchers from Andres Bello Catholic University, which surveyed 14,000 households in 21 of the country’s 23 states between February and April. 

Among the factors contributing to such dramatic poverty include fuel shortages, COVID-19 and not enough job opportunities.

“It is the absence of opportunities,” Pedro Luis Espana, a sociologist from Andres Bello Catholic University who worked on the report, told Reuters. “It is sitting in front of the door of the house, doing nothing, not because you do not want to do anything, but because there is nowhere to do it.”

The report comes as the country is mired in political and economical crisis, which includes shortages of critical supplies like medicine and food, hyperinflation, and a lack of power, according to the BBC. 

Some argue that the mismanagement of the country’s economy is to blame for the conditions, Reuters noted.

The administration of President Nicolás Maduro has pointed the blame on U.S. sanctions for the reasoning behind the country’s predicament. 

However, the U.S. has also continued to give financial assistance to the country, including a recent contribution of $336 million in humanitarian and economic assistance. According to the State Department, the U.S. has given more than $1.9 billion in financial assistance to the country since 2017.

Original Article:

4 thoughts on “This is Communism in Practice”
  1. This article my state the facts as they are, but there is one thing that does contradict this article, Americans are retiring in Venezuela in huge numbers including retired Military, because they can live so cheaply there, on $2000 monthly they live in a near castle, and have everything they need.
    One other thing not mentioned is that the reason Venezuela is in the shape it is in is a lot caused by7 the USA, when Venezuela would not let the USA oil cartel take over the oil industry in Venezuela then suddenly oil production dropped and Venezuela could not purchase any oil field equipment to replace their old equipment because the USA controls all oil field equipment in the entire World, Those US oil cartels knew Venezuela would come begging to them so they could set the conditions and royalty prices that Venezuela gets from their own oil, but that did not happen and now China is beginning to manufacture the same equipment which Venezuela will be able to buy or lease on a % basis until they have their feet under them again.

  2. I have really noticed that credit restoration activity really needs to be conducted with tactics. If not, you will probably find yourself destroying your rank. In order to succeed in fixing your credit score you have to confirm that from this minute you pay all your monthly fees promptly before their timetabled date. It is really significant given that by not really accomplishing that, all other activities that you will choose to adopt to improve your credit rating will not be effective. Thanks for revealing your ideas.

  3. Thanks for your post. I would really like to say that the cost of car insurance varies greatly from one insurance policy to another, given that there are so many different facets which give rise to the overall cost. One example is, the make and model of the automobile will have a massive bearing on the price. A reliable ancient family auto will have an inexpensive premium than the usual flashy performance car.

  4. Terrific work! This is the type of information that should be shared around the internet. Shame on Google for not positioning this post higher! Come on over and visit my site . Thanks =)

Leave a Reply

Your email address will not be published. Required fields are marked *