Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Extreme poverty in Venezuela rises to 76.6%

CARACAS, Sept 29 (Reuters) - Around three-fourths of Venezuelans now live in extreme poverty as the once-prosperous OPEC nation's hyperinflationary economic collapse continued for a seventh straight year, according to a study published on Wednesday.

The 2020-2021 National Survey of Living Conditions (ENCOVI), conducted by researchers at Andres Bello Catholic University (UCAB), found that of the country's 28 million residents, 76.6% live in extreme poverty, up from 67.7% last year.

The report attributed the rise to both the COVID-19 pandemic and chronic fuel shortages, which at least 20 . . .

Read Full Story

Related Posts

CNTE strike returns to Mexico City with fresh pressure

Mexico Teacher Tensions Could Snarl World Cup Travel

Mexico’s World Cup preparations now include a labor dispute that could affect more than schools....
Vallarta Pride Crowds Build Before Thursday Parade

Vallarta Pride Crowds Build Before Thursday Parade

Vallarta Pride week is bringing larger crowds into Puerto Vallarta, with the busiest stretch still...
Woman Found Dead Near Mismaloya on Highway 200 South

Two Unidentified Women Remain in Puerto Vallarta Cases

Two women found dead in separate Puerto Vallarta cases remain unidentified, according to the latest...
Mexico Peace Index Rises While Violence Risks Remain

Mexico Peace Index Rises While Violence Risks Remain

Mexico’s 2026 Peace Index improved 5.1%, but the report warns that family violence, regional gaps,...