Executive Travel Security Brief: Caracas, Venezuela
Venezuela is currently facing a severe crisis on an economic, political, and societal front. This has been brought about by a variety of factors, including the global drop in oil prices, an inability of the government to repay its foreign debt, and an ongoing drought. As a result, there have been severe shortages of basic and essential supplies, including food products and running water, while significant power outages have also been recorded. This has led to a marked deterioration in conditions on the ground, with hospitals not being able to function properly, long lines outside of stores, severe unemployment, growing rates of violent crime, as well as frequent large-scale and violent street protests in the capital.
This report provides brief overview of Caracas tailored for executives.