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Venezuela
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FactsBackground: Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. note: data are in 2010 US dollars GDP (official exchange rate): $285.2 billion (2010 est.); GDP - real growth rate: -2.8% (2010 est.); -3.3% (2009 est.); 4.8% (2008 est.); GDP - per capita (PPP): $12,600 (2010 est.); $13,200 (2009 est.); $13,900 (2008 est.); note: data are in 2010 US dollars GDP - composition by sector: agriculture: 4.1%; industry: 34.9%; services: 61.1% (2010 est.); Population below poverty line: 37.9% (yearend 2005 est.); Household income or consumption by percentage share: lowest 10%: 1.7%; highest 10%: 32.7% (2006); Labor force: 13.3 million (2010 est.); Labor force - by occupation: agriculture: 13%; industry: 23%; services: 64% (1997 est.); Unemployment rate: 12.1% (2010 est.); 7.9% (2009 est.); Budget: revenues: $50.12 billion; expenditures: $56.53 billion (2010 est.); Industries: petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly; Industrial production growth rate: -8% (2010 est.); Electricity - production: 113.3 billion kWh (2007 est.); Electricity - consumption: 83.02 billion kWh (2007 est.); Electricity - exports: 540 million kWh (2007 est.); Electricity - imports: 1.651 billion kWh (2007 est.); Statistics: CIA World Factbook. Press 1 2 Displaying 1 to 7 of 8 items. Diario 2001(conservative), Caracas Diario El Sol de Margarita(Independent), Isla Margarita Diario La Hora(Independent), Porlamar El Nacional(Centrist), Caracas El Universal(Centrist), Caracas EntornoInteligente.com(Online news portal), Caracas Latin American Herald TribuneCaracas Venezuela in the NewsDisplaying 9 to 12 of 52 items. The Next Cuban Missile Crisis?In a move that undoubtedly set off alarm bells in Washington, Venezuelan President Hugo Chávez announced that Venezuelan and Russian ships could soon hold joint naval exercises in the Caribbean. Venezuela Calls Visit of U.S. Drug Czar 'Useless'The Foreign Ministry rejected the "animosity and hatred" of John P. Walters and reaffirmed its accusations against the D.E.A., calling it "a body that operated in a criminal way in Venezuelan territory." Big Stakes in November Elections in VenezuelaThe pro-revolution forces face a big challenge in securing an overwhelming victory in the November regional elections in order not to lose ground to the United States-backed opposition. Competition, Contributions and Contracts: Chávez's Checkbook Mission in the Caribbean BasinIn an attempt to draw out any further progress in the United States-sponsored F.T.A.A., Venezuela has adamantly pushed for a more integrated and dependable trade and financial system for Latin America. |
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