Venezuela crisis

'Venephobia' in Ecuador and throughout Latin America

February 5, 2019
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Following the very public femicide of a pregnant Ecuadorian woman by her partner, a Venezuelan immigrant, violent protests have erupted among Ecuadorian citizens who are demanding a crackdown on immigration from Venezuela. After the start of the protests, Ecuador’s President Lenín Moreno announced that new measures would be considered to limit immigration and that security forces would be deployed to monitor Venezuelan immigrants. These public reactions to the murder, and Moreno’s response, have been harshly criticized by those who view them as xenophobic against innocent Venezuelans.

Venezuela's President Maduro Hopes to Revive Economy In Midst of Oil Crisis

October 11, 2016
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For Venezuela, a country whose economy desperately depends on its oil industry, the fall in the price of oil continues to wreak economic havoc.  Oil exports constitute 96% of the country’s export earnings[1], and according to the Venezuelan Ministry of Petroleum and Mining, the end of 2014 saw Venezuelan crude oil prices fall to USD 47.05 per barrel compared to USD 95 in September 2014.

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