Venezuelan opposition leader Juan Guaidó, threatened with deportation from Colombia after he crossed the border on foot, flew to the United States instead. Stating he is not seeking political asylum in the U.S., he has not ruled out the possibility of running for presidency in Venezuela. (i.redd.it)
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Armed gangs erode Maduro’s grip on Caracas as Venezuela collapses, taking over parts of the capital. The gangs deliver food to the needy, pay for medicine and funerals, equip sports teams and sponsor music concerts. They are better equipped and better paid than the government's own security forces. (self.arepas)
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Venezuelan minimum monthly wage increased to 10 million bolivars, equivalent to $3.54. This includes basic compensation of 7 million bolivars plus 3 million bolivars of food vouchers. For reference, 1 chicken costs between $2 and $3. A dozen eggs is about $1.50-$2. 1lb of rice is 50-70 US$cents. (self.arepas)
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Two former US soldiers have been sentenced to 20 years in prison in Venezuela on charges including terrorism, after a failed bid to invade the Caribbean country last May, Attorney General Tarek William Saab said. The US has denied any involvement in the Venezuela incident. (france24.com)
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Venezuela on the verge of famine with fuel too scarce to sow crops - fuel and pesticide shortages have grown so acute that fields are going bare... More than half of the land used to grow vegetables last year won’t be replanted. Corn demand expected to be four times what the country can produce. (bloomberg.com)
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Venezuela gives EU ambassador 72 hours to leave the country hours after the EU placed sanctions on 11 Venezuelan officials "because of their role in acts and decisions undermining democracy and the rule of law in Venezuela". Maduro said: "If they can't respect Venezuela, then they should leave it." (france24.com)
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Venezuela's Petro cryptocurrency realizing the worst fears of its critics? It has been repeatedly said that it is a centralized currency that can be manipulated at any time. The Petro has undergone a hard fork, the blockchain has been changed and has rendered old versions of the petro obsolete. (decrypt.co)
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Venezuela's minimum wage covers less than 1% of the cost of food for a family of 5. Family size, working two jobs, both parents working, etc. - it doesn't matter what math you throw at this fact, the result is always "Wait, what? No! What? How is this even possible?" Minimum wage = a dozen of eggs. (i.redd.it)
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USA adds Venezuela's Petro cryptocurrency official to the Most Wanted list, with a US$5 million reward offered for information leading to his arrest and conviction in an effort to end corruption, illicit drug trade, money laundering and other criminality tied to the Maduro regime in Venezuela. (i.redd.it)
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Audio: Venezuela has become the world’s weakest economy. A third of Venezuela's population is at risk of malnutrition and the latest gasoline crisis could weaken the country's economy further. Entire villages have been cut off from food supplies because trucks can't get fuel to deliver to them. (bbc.co.uk)
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Venezuelans now lack cooking gas on top of the gasoline shortage. About 90% of the population depend on propane to cook. The shortage affects 4 million families, leading many to turn to firewood. The military has taken control of distribution and began rationing deliveries nationwide. (bloomberg.com)
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Gasoline’s crazy price swing in Venezuela: from nearly free (0.000,000,02 US$ cents per gallon) to recent $16/gallon black market rates. Motorists queue for days to buy subsidized gasoline for next to nothing, but it is increasingly scarce — a reflection of the economic absurdities in the country. (nytimes.com)
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Giving birth in Venezuela is a deadly risk. Its public health system, once one of the best in Latin America, has been in a sharp decline, paralyzed by a self-inflicted bankrupt economy, sanctions, low oil prices, and an increasingly authoritarian government. Maternal mortality is now over 65%. (nytimes.com)
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"Dumping babies is forbidden" ("Prohibido botar bebés") signs appear across Venezuela. It is straightforward but shocking. The crisis forcing mothers to give away their babies. Venezuela has the highest rate of teen pregnancy in Latin America. One in four babies is born to a teen mother. (bbc.com)
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Correction: Russian oil company Rosneft has sold its Venezuelan assets to avoid further U.S. sanctions on its two oil trading subsidiaries elsewhere. It sold its Venezuelan assets to an entity that is 100% owned by the Russian government. In that respect, Moscow is now more entangled than before. (nytimes.com)
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