The Devastating Impact of US Sanctions and Corruption on Venezuela's Economy and People on Nostr: The Devastating Impact of US Sanctions and Corruption on Venezuela's Economy and ...
The Devastating Impact of US Sanctions and Corruption on Venezuela's Economy and People
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#950a0a95 ver:0.16
The devastating impact of US sanctions and corruption on Venezuela's economy and people is evident. Sanctions have caused a loss of nearly $700 billion in GDP, frozen over $22 billion of Venezuelan assets, and led to a decline of 87% in oil production. Corruption in the oil industry has cost the country tens of billions of dollars. The business community is negatively impacted, with 81% of private companies suffering. The US policy has failed to deliver desired political results and has exacerbated the economic collapse and migrant crisis. Sanctions become politically impossible to lift without concessions. #Venezuela #Sanctions #Corruption #EconomicCrisis...
#newstr #Venezuela #OilIndustry #Corruption #Pdvsa #TareckElAissami #NicolasMaduro
https://here.news/story/950a0a95?ver=0.16
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#950a0a95 ver:0.16
The devastating impact of US sanctions and corruption on Venezuela's economy and people is evident. Sanctions have caused a loss of nearly $700 billion in GDP, frozen over $22 billion of Venezuelan assets, and led to a decline of 87% in oil production. Corruption in the oil industry has cost the country tens of billions of dollars. The business community is negatively impacted, with 81% of private companies suffering. The US policy has failed to deliver desired political results and has exacerbated the economic collapse and migrant crisis. Sanctions become politically impossible to lift without concessions. #Venezuela #Sanctions #Corruption #EconomicCrisis...
#newstr #Venezuela #OilIndustry #Corruption #Pdvsa #TareckElAissami #NicolasMaduro
https://here.news/story/950a0a95?ver=0.16