Venezuela Economic Conditions

Commodity shortages and inflation During the spring and summer of 2014, the government began to seriously address the challenges associated with goods shortages and inflation. Central to this problem was the increasing difference between the official exchange rate regulated by the state exchange system (formerly Cadivi, now Sicad) and the exchange rate on the black […]

Venezuela Military

Venezuela 1997

Venezuela is a country located in South America. According to AbbreviationFinder, VE is the two-letter ISO code of Venezuela, and VEN is the three-letter country abbreviation for Venezuela. Yearbook 1997 Venezuela. In the capital, Caracas, on March 11, the largest organized protest to date was held against the current government’s economic austerity policy. According to […]