Venezuela in crisis

Venezuela in crisis

Venezuela’s political crisis has been sparked by an economic meltdown in which hyperinflation has hit salaries and savings, leading many to flee the country. The country is also suffering chronic shortages of basic items including food and medicine. “Venezuela clearly illustrates the way violations of civil and political rights – including failure to uphold fundamental freedoms, and the independence of key institutions – can accentuate a decline of economic and social rights,” UN human rights chief Michelle Bachelet said.

 

A scholar at  Northeastern University shared his views on the international standoff that has formed around the humanitarian and political crisis in Venezuela. He said, whatever is happening in Venezuela is a good example of what’s happening all over the world, to a lesser or greater degree, where international organized crime is basically driving entire countries into dysfunction and chaos, in order to be able to control the extraction of resources. He emphasizes that his homeland Puerto Rico and the state of Cuba are failed projects of massive social revolutions that took place in the second half of the 20th century. Venezuela is one of the wealthiest countries in the world in terms of its resources, especially gold and petrol. And, now the interest is not on propping up, but on taking down- exploiting the last remaining resources.

 

Also, people point that it is now hard to see a role for Venezuelan President Nicolas Maduro in the building of a “democratic Venezuela”. Herein Juan Guaido took oath as the President and talked about taking the first steps to recover the bureaucracy and continue building the capacities inside and outside the country that shall allow stopping the usurpation, the transitional government, and free elections. However, there is a high incidence of violence between the civilians in the region and that may to destabilisation.

 

Radhika Boruah

Radhika Boruah
Radhika Boruah

radhika23boruah@gmail.com

A voracious reader of Mythology, embedded in a passionate Economics student who is also fanatically involved in Hindustani Classical Music. Tattoos and baking cakes are my muses. I curate content. Ever reach out to talk at radhika@globallyrecruit.com

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