In our exclusive series, Zitelmann reveals a compelling body of evidence that capitalism and market economies have lifted ...

In fact, Venezuela’s per capita GDP reached its all-time low in 2003, under Chávez. This is no surprise: Making well-off countries poor and poor countries starving is what socialists do.

Nicolas Maduro's controversial presidency in Venezuela faces international backlash and economic decline amid authoritarian ...

Among the figures he gave during his speech, the poverty indicators managed by the ... of the ruling United Socialist Party of Venezuela, is not recognized by part of the international community.

He began as a straightforward populist who made little mention of socialism, focusing his wrath on Venezuela’s corrupt establishment while winning the hearts of the poor with his charisma.

Venezuela once boasted Latin America's richest ... to forgotten vegetables and foodstuffs that were once considered a "poor people's food". The yuca - or cassava - root vegetable, for example ...

Most refugees and migrants from Venezuela arriving in neighbouring countries are families with children, pregnant women, elderly people, and people with disabilities. Many are facing poverty and ...

Venezuelan President Nicolás Maduro was sworn in for a third six-year term after a reelection widely viewed as illegitimate ...

Venezuela's Nicolas Maduro claims election ... “And so began a complex crisis that has pushed millions into poverty and driven more than seven million Venezuelans to migrate.” ...

on Dec. 3, 2024. (AP Photo/Richard Vogel, File) CARACAS, Venezuela (AP) — Venezuela’s Supreme Court on Monday issued a $10 million fine against TikTok for “not implementing measures” to ...