#1 Venezuela - Fallen Economic Giant

 At the beginning:   -->   If you mind to spend a moment to comment this post to tell me things i can improve I'll be really happy. Thank you for reading !

I'm Polish. By writing in English I'm slowly progressing my language knowledge. I really enjoy it btw. :D 

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               1.Situation in Venezuela

                   Venezuela is a country located in South America. There are  31 431 000 people living there. Unfortunatly the country is fallig into deep crisis... Nowadays the Venezuela's currency has weaken extremely, it goes nearly to 80% lower than it was few years ago. Inflation of it goes nearly to 14k % what is realy inglorious world record. It is said that the reason of that "deep country depresion" based on the politic situation. The country is being led by Mr. Medrano's government whos socialistic temperament not allows to get the help from the external countries.  Sadly, there is realy poverty in Venezuela. Citizens are poor in basic products as a electricity or fuel. They don't have sanitary products, nor food...

• nearly 90% citizens lives in poverty
• every day there are many strikes 

          2.  Catastriphic economic situation                

Economy of Venezuela based on petroleum industry. It is said that in Venezuela there are major world oil assembling. 

• income from oil sale -> 95% 
• major Venezuela's oil company -> PDVSA   ... is nearly collapse

          3. Money situation :

 1 PLN = 28 953.45 VEF

1VEF =0.100125USD

1EUR = 140 446,20 VEF