January 2026 archive

Venezuela went from the richest place in South America to the poorest in 20 years. Eight million people fled.

Caracus. Jan. 4, 2026. Venezuela was once one of the richest countries in Latin America. Then its people voted for socialism, “free healthcare,” and redistribution. The Venezuelan government seized oil companies, mines, newspapers, and businesses of every kind. Today 82 percent of Venezuelans live in poverty according to recognized standards, including 53 percent in extreme …

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