Letitiawilkinson: Venezuela's coffers were empty after the country spent its most recent oil earnings on social services like subsidized food,

Venezuela's coffers were empty after the country spent its most recent oil earnings on social services like subsidized food,

23 Sep 2022 at 02:35

Following two and a half months of recuperation, Marinez came back to Maracaibo, "without any money in my pockets," he said. He tried to find work OSRS gold  however he could not find anything in the job market, which was devastated by the pandemic--and a yearslong economic crisis.

Ten years prior, Venezuela, a petrostate under the administration of Hugo Chavez, witnessed a bust in oil prices. The cost for a barrel plunged to around $50, down from a record high that was more than $100 in addition, the U.S. instituted wide-ranging sanctions against the authoritarian Venezuelan government.

"When oil prices began to drop then there was no money to buy imported goods," said Alejandro Velasco who is a professor at New York University who specializes in Venezuelan politics, during an interview over the phone. "As an outcome there was no funds to keep the economy going."

Venezuela's coffers were empty after the country spent its most recent oil earnings on social services like subsidized food, medical treatment, as well as literacy programmes. Chavez also exiled perceived dissenters from the oil business following an attempted coup by the military, that affected production.

and widespread corruption in the government further damaged the economy, as per Paul Angelo, a fellow at the Council for Foreign Relations who specializes on Latin American politics.

Runescape producer Jagex has put a stop to Runelite HD, a fan-made HD mod of the well-known Open-Source client of Old School Runescape, just when the project was set to go live on Monday. This decision, made in the last minute, has Runescape players disliking Jagex's choice and saying that they'll go to other MMOs.

Runelite HD Developer "117" posted to Reddit Tuesday with a message he got from Jagex and was later confirmed by Jagex on its own blog article. Runelite HD operates as a plugin that can provide an impressive visual overhaul to the base rs07 fire cape service  Runescape that can be seen by 117's Twitter. The modder added that they've put in around 2,000 hours over the last two years developing Runelite HD.


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