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Venezuela crisis: Three in four in extreme poverty, study says

Three in every four Venezuelans live in extreme poverty, a study has said, as a years-long severe economic crisis in the oil-rich nation continues.

Researchers at Andrés Bello Catholic University (UCAB) linked the increase to both the pandemic and a fuel crisis.

  • BBC

Since 2014, the country has suffered from shortages of basic supplies and hyperinflation. Millions of people are in need of aid.

The government has not commented but it often says US sanctions are to blame.

Critics, however, say the crisis is a result of President Nicolás Maduro’s economic mismanagement. Public services have collapsed, unemployment…

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