14:08 GMT +326 September 2017
Live
    Venezuela's National Guard personnel in riot gear form a line during a protest by opponents to the government of Venezuelan President Nicolas Maduro in Caracas

    Venezuelan Police Fire Tear Gas at People Protesting Against Food Shortages

    © AFP 2017/ JUAN BARRETO
    Latin America
    Get short URL
    256156

    Venezuelan security forces are deploying tear gas against demonstrators in the country’s capital of Caracas, as people are protesting against food shortages, local media reported Thursday.

    MOSCOW (Sputnik) – According to El Nacional newspaper, the protesters are blocking the streets and banging pots, while some are trying to loot local establishments.

    Venezuelan President Nicolas Maduro declared an economic emergency in Venezuela in January. The announcement came two days after Venezuela’s oil price dropped to $24 a barrel, the lowest mark in 12 years. Up to 96 percent of Venezuela’s budget depends on oil revenues. The measure has since been extended.

    The latest high-profile victim of the economic crisis in Venezuela was the country’s independent Coca-Cola bottler FEMSA, which halted production because of a sugar shortage. Last month, Venezuela’s largest food and beverage company Polar Group said it was suspending making beer and other malt beverages because of shortages in barley.

    Related:

    Venezuela Plans to Increase Oil Production by 7.14% in 2016
    Uninvited Intervention: Maduro Accuses Venezuela Parliament of Treason
    Venezuelan FM Rodriguez Confirms Mediation Talks With Opposition
    Venezuelan Opposition Holds Meeting With Mediators to Resolve Crisis
    Tags:
    shortage, food, protest, Nicolas Maduro, Caracas, Venezuela
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment