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What Else Could Go Wrong?

Original_Coat_of_arms_of_Venezuela

Touch the Soil News #393 In a recent (May 23, 2016) story, the Miami Herald reported that hunger is stalking Venezuela with only 54 percent of people eating three meals a day. Rich in oil, Venezuela historically used foreign oil sales to finance food at home. With two years of very low oil prices, food in Venezuela has taken a big hit. Food lines and food riots are not uncommon. On the hot seat is Venezuelan President Nicolas Maduro – governing with a strong arm, he can’t find a way to fix food in his country. (Photo CC0 1.0 Universal Public Domain) A poll by DatinCorp in April found that…

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Venezuelan Food Crisis Shapes an Interesting Experiment

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Touch the Soil News #325 Foreign ministers from 12 South American Nations have agreed to help Venezuela overcome chronic food, medicine and other critical products shortages. Venezuela, one of the world’s largest oil producing nations has materially tied its fortunes to oil exports. Low oil prices means Venezuela is at starvation levels for want of foreign exchange reserves. Without money, the nation cannot import (buy) what it needs. The present Venezuelan economic downturn is the worst in the nation’s 200 year history. So here is the question: If money is short – how do you feed yourself? We touched on the Venezuelan food crisis recently in Touch the Soil news…

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