Venezuela’s economy is emerging from a deep recession, after years of political upheaval and US sanctions.
Poverty has fallen 15 percent to 50.5 percent in the past year, though income equality continues to widen.
And President Nicolas Maduro is capitalising on the situation to strengthen his grip on power.
Al Jazeera’s Alessandro Rampietti reports from Caracas, Venezuela.
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They forgot to mention oil
watch > 30 seconds next time. they spoke on how the oil sector has affected the economies there & maduro’s ability to negotiate with other Latin American countries such as Mexico.
Notice how Israel new i24 network which is funded by their government doesn’t have the Wikipedia acknowledge in their videos. Hypocritical much.
Go Venezuela!!! 👍🏻👍🏻👍🏻 The west is like a sleepy prostitute. 😂😂😂
🤡🤡 The hypocricy coming from western media are beyond shamelessness..🤡🤡 they have transcended into broken robots where last year they are accusing Venezuela this and that now that Russia block oil trades with the west Venezuela or Juan guido all of sudden dont matter, Regime change failed again huh?
Al Jazeera taking about human rights is like Taliban assuring human rights to their woman.
This Al Jazeera is the pet dog of their dictator Al Thani 🤣🤣🤣
The lips of a fool draw him into strife,
and his mouth calls for blows.
Ah 😲
Venezuela 🇻🇪 finally making a come back?
Especially after falling foul of – Dutch disease – 🛢
Is Nicholas Maduro going to finally achieve what Huego Chavez did not?
All of EU needs to buy oil from venezuela and forget Russia
It’s all good Maduros entire country is on it’s way to the US so he can have Venezuela all to himself.
Sanctions are being lifted on the oil. With the way Russia are messing about Venezuela has a big opportunity to do REALLY well in the coming years.
American sanctions are a problem all around the world. But that doesn’t change the fact that Maduro is a despotic Tyrant.
Guido never won an election yet the criminal Americans name him the legitimate ruler of Venezuela’s government, the fact that Al Jazeera included him in this video only shows their extreme western bias, the reason the country has done so poorly is because of the many criminal sanctions put upon it by the criminal Americans
US controlled
Yes and how convenient for the US to lift sanctions so quick!
Yes, they are against the USA so the country should be terminated. But I’m sure you eat the 💩 from a dictator because you can’t take care of yourself. And then get on American YouTube because we are the greatest. You are not worthy to enter my country hahahaha pig
@Becky Berringer are you kidding, not worthy? Your border’s are open !
Dolarisation of Venezuela will give them some small window of reprieve there is need to mantain the local currency
All this means is Madurai is pocketing more cash and giving a bit to citizens to keep them brain dead.
Sitting on the largest oil reserves while people are in poverty.
That actually takes effort.
well, he doesnt want to take any bs from US.
America think the own fkin planet… here they are, now stealing oil from Syria….
@DR 011 every one educate your own people and build your own infrastructure. Stop calling us and take care of your own neighborhood.
How is it that once engineers or farmers left most countries fall apart.
Give the Saudis a call and let them give advice. They own their stuff and didn’t steal it.
(Zimbabwe is doing well too)
Hope Venezuela could sell more oil to the USA so the farmers could get better price for their farms and we the ,customers, could get lower price. I have a cousin, he’s a farmer, told me that the price of diesel fuel is so costly.
i hope usa get oil if pay the price for the damage what the sancions created..
If people only know how different Cuba and Venezuela would be with out US sanctions and blockades..
@Michael H Just how ignorant are you? Are you aware Venezuela has the largest prevent oil reserves in the world. Over 304 billion barrels to be precise. So what exactly do you mean by what can Venezuela over out of their capabilities? In all of your life. Have you ever seen a product made from any middle eastern country? Yet all these oil rich monarchies like Qatar, Saudi Arabia, Kuwait, United Arab Emirates are filthy rich from oil money. Please educate yourself. Venezuela would today be the second wealthiest nation in south America without illegal US sanctions .
@baron eleve all that oil in the ground and no one smart enough to get it out. – I guess you read only half of my comment.
The Saudis are a good example of how to own your oil industry.
Can’t deliver oil that’s in the ground.
@Michael H Can you be a successful farmer with broken farm equipments ?
@baron eleve if you were a successful farmer you had someone that can fix it. ….or fix it yourself?
There most likely is a YouTube video as reference.
@Jose Port UN votes agaist USSgvt blockade against Cuba for *30th time*
Cuba lost billions cuz of USSgvt dont accepting sovereign choices of they thinks as their ‘backward’ 🤢🤮
It really means they need the Venezuelan oil.
This clown Zelenskyy of Ukraine will meet the same fate of this juan guaido.
He probably pledge alliance with wef
all treaties and new deals mean nothing once america drills again in 2024. maga TRUMP2024
Maduro is friends with Lula del Silva and is a special guest for Lula’s inauguration day!
Lula del Silva has opened the money tap to Maduro.
*Brazilian taxpayers money! Non refundable. Free!
Keep the black gold glowing.
capitalize by going back to capitalism
Latin American countries are experts on replacing corrupted governments with even more corrupted governments…. In the case of Venezuela replacing Maduro for Juan Guaido, is like replacing the bus driver that became drug dealer with the Colombian Carter’s puppet whose job is to recover the drug trafficking business lost during Hugo Chavez rule…. Of course the Colombian Cartels are not dumb, and Juan Guaido is not their only option, after all they are masters at controlling every politician in Latin America!!
oil prices on good price it mean more money for Venezuela
Inflation is literally spiraling again as we speak. What are you talking about? You are just being propagandists.
Amazing!!!! Lets go finance another dictatorship!!!! Lets our hands with their oil while they get their hands with our blood!!!!
My humble apologies to the brave, hard working and beleaguered Venezuelan brothers and sisters for the fascist behavior of my government toward you. Be patient and stay united. America will disappear as a superpower soon.
We nead peace and fair elections 🙏
Guatemala 🇬🇹, Cuba 🇨🇺, Haiti 🇭🇹, Nicaragua 🇳🇮, Argentina 🇦🇷 Venezuela 🇻🇪 and Bolivia 🇧🇴 and USA 🇺🇸 are corrupt countries and dangerous areas in those countries
Go MADURO REGIME’S!, desperate REGIME’S change or DRONE ASSISSANTED as usual.. endless thieves/PIRATES DRUGS WARLORDS too……
Go MADURO REGIME’S: 🇻🇪🇵🇰🇻🇪 desperate endless lies cheat steal or butchered Marches on to recolonized bastards Marches on.. or endless human & women’s rights to child rights abusers to RAPES CULTURAISM….
Backed GOLD simple. Worthless ponzi SHEKELS currency & TOILETS paper’s too.. via CASHLESS enslavement too. & CURSED CURRENCIES OR CASHLESS TOO.
the problem is not maduro,the problem is sanctions
Hyperinflation takes time to recover a lot of time I take every news about this with a grain of salt because the US is partially lifting sanctioned is because Biden wants to save his approval rating
Reasons aren’t important. Actions are.
And plus, in the words of the immortal Hondo onaka from Star wars this venture is no longer profitable also getting those gas stations online will take 4 years to do so and that’s according to one estimate
Despite the economic downturn,I’m so happy☺️. I have been earning $ 60,200 returns from my $7,000 investment every 13days….
This must be an investment with Mr Wan Zuhao
Wow I’m shocked you mentioned and recommended his trading services, I thought people don’t know him he’s really awesome
Paradise ❣️ hotel peace forever 👑🐎🚓🚨 milk hunny alcohol sweet water fruits 🍓🍑🍉🍌🍒🍎🍊🍇 small big hen fish champ ran rost birds sea food river meat forever 20000 eat one breed world rupees 🌎🌍 life forever no bathroom paradise forever 700 years angel 😇😇 600 per Taj mahal 🏠🏡 70000 years all family 🌎🌎 tree 🎄🌴 1000 years jinnat 👿😈🔥🔥 diamond gold silver Rashmi shoes cloth jewelry forever cloth Rashmi astbrus sundus harer Diba cloth 👗 red golden brown white hair blue white green eyes 👀👀 servant help people martyred is life forever 👑🐎🚓🚨 horse 🐴🐎 camel 🐪🐫 fish 🐠🐟 elephant 🐘🐘 shahswar no slave paradise forever Allah mazban insan mehman Allah Made good made Alla ha amero say faqero Ke muqadar jannat ke tajir ha tere dahlez ke nokar Noor ban kr Meri ankho may chamakta ha Ali Haq ha Allah such ha wallah life grave paradise paso ke koi okat nhe trade paradise forever Allah hu Akbar
Venezuelan problems began way before sansions, it began when this corrupt government destroyed the economy, things will never get better for all as long as they stay in power. This ” economic recovery ” does not even cover 8% of the total population.
Maduro needs to tell his people to stay home and stop crossing the US southern border illegally! We have our own citizens to care for.
We supported Venezuealan and thier serveignity
Another fail to the US, how do you determine who rules a sovereign country and yet claim to support democracy. Unfortunately the Ukraine play book didn’t work in Venezuela. Guide is a clown.
amazing what sanctioning russia has done