From the 1950s to the early 1980s, the Venezuelan
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Posted On: 07/05/2021 9:22:26 AM
From the 1950s to the early 1980s, the Venezuelan economy, which was buoyed by high oil prices, was one of the strongest and most prosperous in South America. ... In 1950, Venezuela was the world's 4th wealthiest nation per capita.
Venezuela, facing U.S. sanctions that affect its access to the global financial system, relied on domestic banks to make part of the payment to the COVAX system with foreign currency.
The Caribbean nation of 28 million people has received about 3.5 million Russian and Chinese vaccines since February. The vaccination rollout has been slow and confusing, according to specialists and Reuters witnesses.
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Venezuela, facing U.S. sanctions that affect its access to the global financial system, relied on domestic banks to make part of the payment to the COVAX system with foreign currency.
The Caribbean nation of 28 million people has received about 3.5 million Russian and Chinese vaccines since February. The vaccination rollout has been slow and confusing, according to specialists and Reuters witnesses.
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