US warnings about possible military action are increasing political tension in Venezuela. However, for ordinary people in Caracas, the main problem is the sharp rise in food prices in markets. Most are worried not about political risks, but about daily survival.
At the Quinta Crespo market, vendors say their purchasing power has fallen due to the rising dollar rate. The International Monetary Fund reported that the bolívar (Venezuela’s national currency) has lost 80% of its value in one year. As a result, even the simplest products now cost more than people’s monthly income.
Political pressure has intensified, and after the disputed 2024 elections, thousands of people were arrested. Although people are concerned about uncertainty, their main focus is still on daily expenses and finding food.
Inflation has reached nearly 20% per month, and by the end of the year prices are expected to rise by more than 500%. Therefore, what worries Caracas residents most is not the threat of war but the worsening economic situation.
Read “Zamin” on Telegram!
Users of Меҳмон are not allowed to comment this publication.
