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Hugo Chavez
From 1999 to 2013 Hugo Chavez rules Venezuela -
Nicolas Maduro
This president gets in power after the death of Hugo Chavez -
Economy
Venezuela's Economy Shrank 2.8% In 2014 -
Protest
The 2014 Venezuelan protests is a series of protests, political demonstrations, and civil insurrection that had occurred throughout Venezuela, primarily from February to June 2014, with the exception of smaller yet significant demonstrations that occurred during the later months. The protests erupted, for the most part, as a result of Venezuela's high levels of violence, inflation, and chronic shortages of basic goods,which protesters and analysts claim are caused by economic policies -
Venezuela could be rich
Venezuela should be rich, but its government has destroyed its economy
Well, at least in Venezuela. It doesn't have an economy, you see, so much as a poorly run oil exporting business that isn't enough to subsidize everything else. And that was true even when oil was more than $100 a barrel. So now that it's under $50 a barrel, Venezuela's government has gone from defaulting on its own people.