After two months, Marinez came back to Maracaibo, "without any money in my pockets Cheap OSRS Gold," he said. He tried to find a job however he could not find anything in an employment market destroyed by the pandemic--and a yearslong economic downturn.
A decade earlier, Venezuela, a petrostate under the presidency of Hugo Chavez, witnessed a slump in the price of oil. In 2017, the cost of a barrel dropped up to nearly $50 from a high that was more than $100 in addition, The U.S. instituted wide-ranging sanctions against Venezuela's authoritarian government.
"When oil prices began to decline and the country was left with no funds to import goods," said Alejandro Velasco who is a professor of New York University who specializes in Venezuelan political issues, in a phone interview. "As consequently there was no cash for the country's economy."
The Venezuelan coffers were empty following the spending of its most recent oil wealth on social programs like subsidised health care, food in addition to literacy initiatives. Chavez also exiled perceived dissenters from the oil industry following an attempted coup d'état, altering production.
And widespread corruption in the government also harmed the economy, according to Paul Angelo, a fellow at the Council for Foreign Relations who specialises on Latin American politics rs2007 gold. Runescape designer Jagex has put an end the development of Runelite HD.
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