Energy Saving Plan
now browsing by category
Many Venezuelans like David Osio have been hit hard by falling oil prices and need to come with new and inventive ways to put food on the table.
Inflation in Venezuela has hit more than 64 percent and basic necessities such as food, cleaning products, diapers and clothing have simply become out of reach for the average citizens of that country.
According to an article in the Guardian, Venezuela is 95 percent dependent on the export of oil. And with oil prices staying stubbornly low, it does not appear that relief is on the horizon. In an attempt to try to stabilize the situation, President Nicolás Maduro is traveling the globe seeking help from other countries such as Russia where he was able to get financial investment money that should help the precarious situation. (http://www.theguardian.com/world/2015/jan/16/venezuela-struggle-streets-inflation-shortages-oil-slump)
Venezuelans like David are fed up with having to deal with their crippling economy and have resorted to fending for themselves by starting to grow their own crops. Many people have started little backyard gardens in an attempt to assuage their food shortage.
In addition to the economic instability, Venezuela has now also been hit hard by a major drought. This further complicates the food shortage problem. President Maduro has declared for the next couple of months a four-day work week for public employees and encouraged everyone else to save on water and electricity. (http://www.npr.org/sections/thetwo-way/2016/04/08/473530231/to-save-power-venezuela-gives-public-employees-fridays-off)
It is unclear how this country will overcome these trying times, but it is clear however that Venezuelans are fed up with their President and have taken to the streets in protest and want their leaders to come up with real solutions and fast.