Venezuela: How the most oil rich nation on earth was brought to the brink of collapse
The Latin American state is in the grip of an humanitarian crisis. Thanks to the dysfunction of the economy and the price system, there are chronic shortages of food and medicine. Three-quarters of Venezuelans have lost an average of 11kg of bodyweight. Doctors report children dying of malnutrition. Malaria cases have spiked due to a collapse in treatment. Emigration has surged. So has crime.