Puerto Vallarta News

Puerto Vallarta 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

mexico salsa

Mexico’s Salsa Map Beyond Heat and Personal Identity

Mexican salsa is technique, texture, and region. Roasting, grinding, and chiles turn a simple sauce...
NGOs Applaud Halt to Manzanillo Port Expansion Plan

NGOs Applaud Halt to Manzanillo Port Expansion Plan

Semarnat halts Manzanillo port expansion, drawing praise from NGOs who urge permanent cancellation and stronger...
Mariachi Day celebrates Mexico’s musical identity worldwide

Mariachi Day celebrates Mexico’s musical identity worldwide

Mariachi Day on January 21 honors the music from Jalisco that became a global symbol...
Puerto Vallarta news roundup

Today’s news roundup in Puerto Vallarta – January 21, 2026

Puerto Vallarta news, Jan. 21: double homicide in Pitillal, fatal ravine fall, boutique hotel’s new...