Venezuelan History

By thomas.cahill
  • 1521

    Colonization

    Colonization
    Spain colonizes the north-east side of Venezuela.

  • Rebellion

    Rebellion
    First recorded rebellion against the Spanish in Venezuela.

  • Venezuelan Independence

    Venezuelan Independence
    Congress declared Venezuela an independent nation, creating the Republic of Venezuela.

  • Oil Exporters

    Oil Exporters
    Venezuela becomes the world's largest exporter of oil.

  • Civilian Government

    Civilian Government
    A coup establishes a civilian goverment, after previously being under military rule.

  • Peak

    Peak
    Venezuela's economy peaks due to the booming oil industry.

  • Hugo Chavez

    Hugo Chavez
    Hugo Chavez is elected president, and with him came an anti-US foreign policy.

  • Russia

    Russia
    Russia signs oil and gas cooperation accord wtih Venezuela. Russian warplanes and warships head toward Venzuela, which would be the first time Russia has been to the Americas since the Cold War.

  • Chavez Dies

    Chavez Dies
    President Chavez dies at age 58.

  • Inflation

    Inflation
    Inflation rises to more than 50% a year.