Inflation in Venezuela for October of 2021 was 8.1%, for a YoY record of 1,258%, according to a report from the Venezuelan Observatory of Finance (OVF) released Monday. After Monday's data ...

Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government declaring a state of economic emergency in response to U.S. sanctions and tariffs. In March, ...

Venezuela's Central Bank (BCV) has confirmed December's 7.6% marked the 12th consecutive month with inflation below 50% for an yearly total of 686.4%, it was announced. December 2021 was the ...

Between 2014 and 2021, Venezuela's GDP fell by 80 percent ... had recently dropped to about a fifth of what they once were. "Now you are going to see some of those barrels going to Cuba," said ...

In 2021, Venezuela was initially designated for TPS and, through extensions, this program remains in place. In October 2023, Venezuela was redesignated for TPS, expanding the program and providing ...