Date: 2024-07-29

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Venezuela's economy runs on oil - and music

Oil has taken Venezuela on an exhilarating but dangerous boom-and-bust ride.

Oil has taken Venezuela on an exhilarating but dangerous boom-and-bust ride.

Oil has taken Venezuela on an exhilarating but dangerous boom-and-bust ride.

President Maduro claims success in reducing inflation, but structural issues persist.

President Maduro claims success in reducing inflation, but structural issues persist.

President Maduro claims success in reducing inflation, but structural issues persist.

Many Venezuelans face economic hardship. More than 7.7 million people have fled in search of a better life.

Many Venezuelans face economic hardship. More than 7.7 million people have fled in search of a better life.

Many Venezuelans face economic hardship. More than 7.7 million people have fled in search of a better life.

A two-tier economy emerges, highlighted by events like Karol G's concert. Selling out 2 nights despite tickets ranging from $30 to $500.

A two-tier economy emerges, highlighted by events like Karol G's concert. Selling out 2 nights despite tickets ranging from $30 to $500.

A two-tier economy emerges, highlighted by events like Karol G's concert. Selling out 2 nights despite tickets ranging from $30 to $500.

Venezuela's battered economy is one of the key battlegrounds in Sunday's presidential election, with President Nicolás Maduro hoping to convince voters that the country has turned the corner after years of strife.

References:

BBC News https://www.bbc.com/news/articles/c51y9r0jgxno