And because inflation has risen in Venezuela and salaries have been devalued, it has become increasingly difficult for healthcare workers to buy their own supplies. Doctors and nurses we spoke to said that soap and disinfectants are virtually nonexistent in their clinics and hospitals. Like in many countries, facemasks and gloves are also scarce, even in hospitals that have been designated officially for the COVID-19 response. Water shortages in many public hospitals have meant patients and staff have to bring their own water for drinking, medical procedures, and, of course, washing their hands – the main defense against the spread of COVID-19. That is exactly how health care workers in Venezuela are having to work. Imagine trying to do this in a country where the system has almost collapsed before COVID-19 even arrived? We’re working very hard and doing the best to try to save as many lives as possible. Persistent concerns include brutal policing practices, poor prison conditions, impunity for human rights violations, lack of judicial independence, and harassment of human rights defenders and independent media.ĭoctors across the world are struggling to respond to COVID-19. Returnees are subject to abuse upon arrival. Difficulty accessing legal status in other countries and economic hardship as a result of measures to curb the spread of Covid-19 have led approximately 130,000 to return since March 2020. The exodus of Venezuelans fleeing repression and shortages of food, medicine, and medical supplies represents the largest migration crisis in recent Latin American history. Many governments from the region and Europe said the elections had not met minimum guarantees to be considered free and fair. Maduro supporters won two-thirds of seats to the National Assembly in elections held on December 6, which were boycotted by the majority of opposition parties and in which less than one third of registered voters participated. In July, ahead of parliamentary elections scheduled for December 2020, the Supreme Court ordered the takeover of three leading political opposition parties by Maduro government supporters, and appointed government supporters to head the National Electoral Council (CNE). Maduro continued to control all institutions except for the legislative branch. Venezuela has been at a political impasse since Juan Guaidó, the National Assembly president, claimed he was taking power as interim president of Venezuela in January 2019. They used a state of emergency implemented in response to Covid-19 as an excuse to punish dissent and intensify their control over the population. The government of Nicolás Maduro and its security forces are responsible for extrajudicial executions and short-term forced disappearances and have jailed opponents, prosecuted civilians in military courts, tortured detainees, and cracked down on protesters. In September, a fact-finding mission appointed by the United Nations Human Rights Council (HRC) found high-level authorities responsible for atrocities that they believed amounted to crimes against humanity. Limited access to safe water in homes and healthcare centers has contributed to the spread of Covid-19. Russia experienced hyperinflation after the collapse of the Soviet Union, while Zimbabwe is among more recent examples, with soaraway inflation and the eventual abandonment of its domestic currency in 2009 in favour of the US dollar.Venezuela is facing a severe humanitarian emergency, with millions unable to access basic healthcare and adequate nutrition. Hungary after the second world war had some of the most extreme rates of inflation ever recorded, at about 41,900,000,000,000,000%. Weimar Germany in the 1920s is the most famous example. What are the examples of it in history?Īlthough considered rare by economists, there have been several occurrences of countries being gripped by hyperinflation in recent history. There are often cash shortages and long queues at banks and cash machines as people require more money to make payments. Hyperinflation speeds this progress to unsustainable levels. Over decades, inflation has the power to render some low denomination notes and coins irrelevant, such as 1p and 2p coins in the UK, where the government has considered scrapping them. Lower denomination currency becomes next to worthless.
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