Saturday, February 9, 2019

What is going on in Venezuela?(2)

Venezuela is a rich country in gold, oil and bauxite. It has the world's largest oil reserves with 316 tons of gold reserves. Venezuela controls the world’s largest proven oil reserves in the world. Despite these natural resources, Venezuelan economy contracted 53% in five years and inflation is at over 1 million per cent. Most of the scholars state that Venezuelan economy did not manage well under Maduro's power. Nowadays, it is possible to buy 54 liters oil with one package of chocolate.

Venezuela has been under the embargo of the United States and many European countries for many years. Due to these embargoes, few airlines fly to Venezuela. Therefore, despite the many tourist attractions, few tourists go to Venezuela.

The country is also experiencing a major economic crisis. Many Venezuelans consider Maduro responsible for this economic crisis. Due to the economic crisis, there have been protests in the country since April 1st. 120 people died and thousands were injured during these protests. In the process, someone tried to assassinate Maduro, but Maduro was not injured or die.

Despite the embargo the United States and western, Turkey, Russia and China support the Maduro. Juan Gualido, the leader of the opposition party in Venezuela, declared himself the new head of state in the previous weeks. First, USA said that USA recognized Gualido as the new head of state. Later, important European countries such as Germany, Spain and England also recognized Guaido as the new head of state.

After the United States recognized Guaido, Maduro kicked US diplomats out of the country. This event has completely ended the political and economic relations between the two countries. 

Maduro states that the US is trying to make a coup in Venezuela. In recent days, the US press reports support Maduro's idea. The US and many western newspapers say the army should support Guaido. Essentially, this openly defends the Venezuelan army to make a coup.

This kind of news shows how the hypocrite of the West. Because for a long time, Western countries show themself as a defender of democracy. 

No comments:

Post a Comment