Blackouts, 162% Inflation Remind Venezuelans of Worst of Crisis

Blackouts, 162% Inflation Remind Venezuelans of Worst of Crisis

Unwelcome reminders from the worst days of Venezuela’s economic crisis in 2019 are starting to crop up once again: rolling blackouts, triple-digit inflation and a foreign currency crunch.

In Venezuela, the memories of the worst days of the economic crisis in 2019 re-emerge: blackouts, three-digit inflation and a severe currency shortage. By BLOOMBERG The possibility of returning to that scenario has led businesses and households to reactivate survival strategies they used during the toughest months of the recession, considered the worst humanitarian crisis in the modern history of the Western Hemisphere. More than half a dozen Ve…

The Venezuelan dictator accused the United States of being responsible for the severe blackouts of March 2019.

In recent years, the government of Nicolás Maduro has given several bonds to thousands of Venezuelan citizens, who find in these subsidies an economic aid due to the recession and humanitarian crisis that the country has been facing for some time. In this sense, with the arrival of May 2025, a concern arises among the citizens about the deposits of the subsidies that will be delivered through the Homeland System and that some users have reported…