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August 3, 2015
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August 3, 2015

Will the food riots in Venezuela affect the Petrocaribe Program in Belize?

Monday, August 3, 2015. BMG: Food riots in sections of Bolivar State, Venezuela have resulted in at least one person dead and 30 arrested earlier this weekend.

The Bolivar state is home to the largest number of Guyanese living in that country and according to El Universal news, a supermarket was looted in San Felix by a group of people who queued up outside the store to buy supplies.

During the incident, a man called Gustavo Patiñis was shot in the chest while standing some 50 meters from the supermarket.

As a result of widespread shortages, Venezuelans have been forced to search for food, wait in lines for hours, and sometimes settle without having certain basic products. Widespread shortages and spiraling inflation are fuelling unrest and instability across Venezuela with many analysts predicting the situation could become dire.

Many analysts and vocal pieces in Belize are also concerned that the shortages in Venezuela can have significant impact on the Belize-Venezuela  Petrocaribe Program, but those effects are yet to be seen.

It is of note that Bolívar is one of the 23 states into which Venezuela is divided and has borders with Guyana and neighboring Brazil.



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