Venezuela, Oil Reserves
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Amidst all the chaos, all heads have turned to crude oil. Why? Because Venezuela has the largest oil reserves in the country. What is baffling is that Venezuelas economical condition is worse and it is in poverty,
Pope gives Venezuela reason to celebrate by canonizing its beloved 'doctor of the poor' as 1st saint
VATICAN CITY -- Pope Leo XIV canonized Venezuela's beloved "doctor of the poor" Sunday before tens of thousands of people, offering the South American nation its first saint and a reason to celebrate amid a yearslong economic crisis and new tensions with ...
Pope Leo XIV canonized Venezuela's beloved “doctor of the poor” Sunday before an estimated 55,000 people, offering the Caribbean nation its first saint and a reason to celebrate amid its yearslong economic crisis and new tensions with the United States.
This is the balance sheet of 25 years of socialism in Venezuela. In 1970, it was still the richest country in Latin America and one of the 20 richest countries in the world. GDP per capita was even higher than that of Spain, Greece, or Israel, and only 13 percent lower than that of the United Kingdom.