Power

How could Brazil do more to help solve the crisis in Venezuela?

Could Brazil do more to help solve the crisis in Venezuela?
Venezuela faces a full-scale collapse

In the last three years, Venezuela has withered. Under its stubborn and increasingly undemocratic President Nicolás Maduro, the nation has collected political, economic and social problems which have dragged thousands of Venezuelans into hunger and unemployment. The current minimum wage stands at around 1,800 bolivars (USD 30). With inflation rates of up to 1,000,000 percent in 2018 and an 18 percent drop in GDP, according to forecasts of the International Monetary Fund, much of the population has been driven to seek opportunities in neighboring countries.

Since 2015, almost 2 million people have left Venezuela,...

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week