Search results
Results From The WOW.Com Content Network
It is the worst economic crisis in Venezuela's history, and the worst facing a country in peacetime since the mid-20th century. The crisis is often considered more severe than the Great Depression in the United States, the 1985–1994 Brazilian economic crisis, or the 2008–2009 hyperinflation in Zimbabwe. [5]
The Bolivarian Revolution is a social revolution and ongoing political process in Venezuela that was started by Venezuelan President Hugo Chávez, the founder of the Fifth Republic Movement and later the United Socialist Party of Venezuela (PSUV), and his successor Nicolás Maduro.
[50] A few months after the coup, in December 2002, the Chávez presidency faced a two-month strike organized by management at the national oil company, Petróleos de Venezuela S.A. (PDVSA) when he took steps to dismiss 17,000 workers; the strike deepened the economic crisis and cut the government off from all-important oil revenue. [50]
The socialist transformation of Venezuela traces back to the 1973 election of President Carlos Andrés Pérez. ... The political and economic crisis was fertile ground for Chávez, who first ...
Socialist International – In a statement titled The Last Vestiges of Democracy in Venezuela Fall, the group stated that the TSJ's declaration was "a critical blow to the last vestiges of democracy" in Venezuela, further stating that "Socialist International, in the face of the gravity of what is happening in Venezuela, condemns and denounces ...
[138] [139] [140] On 23 January, in commemoration of the 50th anniversary of the return of democracy to Venezuela, the coalition of National Unity (later known as the Democratic Unity Roundtable) was created, formed by the political parties A New Era (UNT), Justice First (PJ), Democratic Action (AD), Copei, Movement For Socialism (MAS), Radical ...
The U.S.-recognized winner of Venezuela’s presidential election on July 28, ... But Maduro endured and the economic and humanitarian crisis in Venezuela worsened. As a result, the U.S. has seen ...
Some coup leaders later dominated the political scenario in Venezuela, most notable case was the 2000 presidential election, in which Zulia governor and Radical Cause leader, Francisco Arias Cárdenas, commandant in Maracaibo during February 4 coup d'état attempt, was the opposition candidate, challenging president Chávez who sought re ...