Venezuela is a federal republic located on the northern coast of South America. The world's largest oil reserves were discovered in the early 20th century.
The recovery of oil prices in the early 2000s gave Venezuela an economic boost. The government of Victor Chavez in Caracas then established populist policies that initially boosted the economy and increased social spending, significantly reducing economic inequality and poverty. These policies later became controversial since they destabilized the nation's economy, resulting in hyperinflation, an economic depression and a drastic increase in poverty. Here you can find an automatic compilation of all DW content on Venezuela.
In Venezuela, as inflation tops one million percent, those who are able to are turning to the US dollar as a stable alternative to the national currency. Stores where products are priced only in US dollars are springing up in Venezuelan cities – but they’re out of reach for those who the currency crisis has hit hardest.
This week we're marking the first anniversary of the #MeToo movement that originated in the US and has since spread across the globe. A year after media mogul Harvey Weinstein was accused of sexual assault and the hashtag went viral, what's changed? We also walk with migrants in Venezuela, meet a blind balloon artist and look back at the 1968 hit musical Oliver! with star Mark Lester.
Brexit and the Irish border roadblock - The political fallout of Bavaria’s elections - Hungary bans homelessness – Venezuelans flee to Spain - The Czech connection in the Skripal poisoning - Ireland's upcoming referendum on blasphemy - German actor Jonas Nay talks about filming his latest spy thriller Deutschland 86 - The world's first Saber Fighting School in Moscow.
Venezuela's ongoing economic and social crisis has seen hundreds of thousands of people flee the country in recent years. Many go to other South American countries, or to the US. But Spain's close historical and cultural links with Venezuela has made it a magnet for thousands of that country’s migrants, many of who are looking for high-end business investments. Guy Hedgecoe reports from Madrid.