Venezuela's rate of extreme poverty has continued to decline despite what the government has described as an “economic war” by right-wing opposition-aligned business sectors.
on January 17 that the latest official figures showed about 4.78% of Venezuelans now live in extreme poverty. That figure is slightly lower than those reported in November, which put the extreme poverty rate at 4.9%.
Hugo Chavez
In the aftermath of Venezuela's right-wing US-backed opposition securing its electoral win over President Nicolas Maduro's United Socialist Party of Venezuela (PSUV) in the December 6 National Assembly elections, the South American country is heading for two confrontations, each reinforcing the other — a political and an economic one. The future is very uncertain.
On December 6, Venezuela held its 20th election in 17 years and one of its most difficult yet. With the opposition upping the ante in terms of media attacks and sabotage, 2.5 years of economic difficulties and since the passing of revolutionary leader Hugo Chavez, not to mention a recent right-wing victory in Argentina, the left and right around the world turned anxious eyes to Venezuela.



When it comes to elections in Venezuela, there are at least three things you can usually count on. The upcoming December 6 elections for the National Assembly are no different — even if the result is far from certain.
The first is that much is at stake.
In a country where the poor majority has sought to advance radical change through popular mobilisations and votes, every election since Hugo Chavez’s successful 1998 bid for president has been transformed into a referendum on the future of the country’s “Bolivarian revolution”.
Had Hugo Chavez not passed away in 2013, the former Venezuelan president and revolutionary socialist would have turned 61 on July 28. However, though Chavez is gone, his indelible imprint on Venezuela’s political landscape endures.
Leftists in Venezuela have put forward several explanations for the pressing economic difficulties and growing discontent that have beset the nation recently. These difficulties raise the possibility of an opposition takeover of the National Assembly in this year’s elections.
Condolences and tributes to legendary revolutionary and champion of women’s rights Nora Castaneda have been pouring in from across Venezuela after news of the activist’s death on May 16.
An economist, university lecturer and much-loved revolutionary, Castaneda is renowned for having founded and presided over Venezuela’s internationally celebrated Women’s Development Bank, “Banmujer” since 2001. She was also one of the chief protagonists of Venezuela's working-class women’s movement that emerged in the 1980s.
Palestinian Authority (PA) foreign minister Riyad al-Maliki has described Venezuela as “Palestine's most important ally”, on May 19. Al-Maliki made the comments while in Caracas for bilateral talks with Venezuela's socialist government.
Members of Latin American solidarity organisations from various Australian cities met in Canberra on May 9 for a Gathering in Solidarity with Latin American Struggles and in Defence of Venezuela's Bolivarian Revolution. Around 40 representatives attended from Brisbane, Canberra, Melbourne and Sydney.
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