The pungent smell now fills the air along the once oil-rich shores of Lake Maracaibo in Venezuela, serving as a stark reminder of the dramatic downfall of the country's once-thriving oil industry. In various regions across what was once regarded as the wealthiest nation in Latin America, economic struggles have taken center stage in the discourse leading up to the upcoming elections. President Nicolás Maduro is vying for a third six-year term on July 28 amidst a backdrop of growing concerns. Venezuela's economic collapse, largely attributed to a sharp decline in global oil prices post-2014, unfolded under Maduro's watch, who has been in power since 2013. However, many Venezuelans are pointing fingers at the impact of United States sanctions for exacerbating the dire situation. Over a
Read More
