Venezuela has its electricity back, for now, but it’s still on the verge of collapse - News Summed Up

Venezuela has its electricity back, for now, but it’s still on the verge of collapse


(Mary Beth Sheridan/The Washington Post)The lights are back on at Quinta Crespo, a bustling public food market in central Caracas. (Michael Robinson Chavez/The Washington Post)“We are not returning to normalcy,” said Susana Raffalli, the country director for the relief agency Caritas Venezuela. “We are at a point of total collapse,” said Julio Molina, head of the electrical engineering faculty at the Central University of Venezuela. “An agricultural collapse is absolutely inevitable.”Francisco Rodríguez, the senior economist at the New York investment bank Torino Capital, is a native of Venezuela. About 500 businesses — bakeries, tire shops, shopping malls — were pillaged during the nationwide power blackout that began March 7.


Source: Washington Post March 21, 2019 09:56 UTC



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