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MercoPress, en Español

Montevideo, November 14th 2024 - 21:39 UTC

 

 

Venezuelan soldiers steal goats because no food is left in the barracks

Monday, May 16th 2016 - 18:49 UTC
Full article 12 comments
The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities
Venezuela has been hard hit by food shortages, a dizzying inflation rate of about 181% and a collapse in the price of oil, its most critical export. Venezuela has been hard hit by food shortages, a dizzying inflation rate of about 181% and a collapse in the price of oil, its most critical export.

The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

 Venezuela has been hard hit by food shortages, a dizzying inflation rate of about 181% and a collapse in the price of oil — its most critical export.

Crude prices are down more than 25% in the past 12 months, despite a sharp bounce from their February lows, and the pain is expected to continue in Venezuela. IPD Latin America, a U.S.-based energy consulting firm, gave a “pessimistic scenario” for Venezuela's oil output to decrease to an average of 2.35 million barrels per day this year. The firm's previous estimate was 2.62 million barrels.

“Our original forecast for 2016 annual production of 2.62 mmb/d could still be achieved with an oil price hike in the 70-80 US$/bbl range during the second half of the year,”the firm said in a release. US crude traded near US$44 a barrel and some markets watchers see it near a peak.

Categories: Economy, Investments, Politics, Latin America, Mercosur, Venezuela.

Top Comments

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  • Briton

    The news on the grapevine says Venezuela is about to explode into violence,

    but one may ask, that if this happens, who will get dragged into this mess
    seeing as they blame the Americans, will they then get involved .

    May 16th, 2016 - 06:56 pm 0
  • chronic

    I wish that America could rightfully claim credit for this regime's undoing.

    Cause of death:

    Self inflicted injury due to adherence to commie ideology.

    Hey Maduro, do you think that Boston will offer you food aid?

    May 16th, 2016 - 10:43 pm 0
  • Skip

    I was talking to a friend who is studying architecture and live sin Cuidad Guyana. He was recently robbed of his mobile phone and can't afford a new one as it is the same price as a car. He is waiting for family overseas to send him a new one.

    It is such a shame, because Venezuela has the resources to be the richest country in the Americas.

    May 16th, 2016 - 10:50 pm 0
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