Economics
For Cash-Strapped Venezuela, Oil’s Collapse Is a Harsh Blow
- Government revenue likely to plummet by nearly half this year
- Maduro says U.S. sanctions making it hard to get virus tests
This article is for subscribers only.
We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know.
As nations across the globe struggle with the one-two punch of the viral pandemic and cratering oil prices, one is suffering far more than others -- Venezuela.