{"id":805,"date":"2019-02-12T10:58:06","date_gmt":"2019-02-12T15:58:06","guid":{"rendered":"https:\/\/sites.duke.edu\/policy360\/?p=805"},"modified":"2021-06-14T19:35:49","modified_gmt":"2021-06-14T19:35:49","slug":"ep-85-the-last-ambassador-to-venezuela","status":"publish","type":"post","link":"https:\/\/policy360.org\/2019\/02\/12\/ep-85-the-last-ambassador-to-venezuela\/","title":{"rendered":"Ep. 85 The Last Ambassador to Venezuela"},"content":{"rendered":"

Venezuela is in the midst of a catastrophic economic crisis. According to Forbes, Venezuela\u2019s yearly annual inflation reached 80,000% in 2018, up from 2,400% the year before.<\/p>\n

The hyperinflation was so intense that officials revalued the currency at a rate of 100,000 to 1 \u2013 and even after that, the exchange rate with the US dollar is still nearly 3,300 to 1. People are spending hundreds of dollars on basic necessities and many still go hungry.<\/p>\n

And now on top of this economic hardship, two men are both claiming to have the right to be President.<\/p>\n

Patrick Duddy has plenty of experience with the divisiveness of Venezuelan politics, and with the concerns of the people.\u00a0 He previously served as U.S. Ambassador to Venezuela and is currently the Director of Duke University\u2019s Center for Latin American and Caribbean Studies.<\/p>\n