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Venezuela is heading for bankruptcy, why can it happen?

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Hundreds of thousands of Venezuelans have fled abroad in search of a better life following the worsening economy of the South American country since mid-2017.

The International Monetary Fund (IMF) predicts the inflation rate in Venezuela could reach 13,000 percent in 2018.

Since January 2016, President Nicolas Maduro set an economic emergency status to overcome the severe conditions in the oil-rich country.

But until now Venezuela’s political and social conditions have become increasingly unstable. Anti-government protests expanded to a peak in mid-2017 and killed dozens of people.

Citing news from CNN, here are five reasons that can at least explain why Venezuela’s economic crisis continues to deteriorate:

  1. The fall in world oil prices

Most of Venezuela’s economy depends on petroleum commodities. At present, world oil prices have dropped to US $ 28.36 per barrel. The lowest price since the last 12 years.

The fall in crude oil prices since 2013 … Read more

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The core of any restaurant operation is the kitchen. Stocking your restaurant kitchen with these essential items can help get your new venture off to a successful start.

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Safety Equipment

Maintaining proper safety for your employees and customers can help you achieve a positive reputation and avoid any issues with the health inspectors. Safety equipment to consider for your commercial kitchen includes hand washing stations, color-coded cutting boards, no skid floor mats, fire extinguishers, first aid kits and date labels for food.

Cooking Surfaces

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Cookware

Your menu will also dictate some of your cookware choices. However, quality stainless steel, non-stick and/or cast-iron skillets and pots are useful in almost … Read more

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Requirements

A medical courier must follow HIPAA guidelines like every other medical professional so must have a current HIPAA certification. To qualify for a medical courier Pennsylvania job, you must have a clean driving record and valid driver’s license. Because the job entails deliveries, you should be able to comfortably lift 20 pounds, more is always better. Understanding billing codes and medical terminology can help you during your job. Since you have to plan routes, an ability to organize, plan and administer those details are essential.

Responsibilities

A courier delivers items. In the case of a medical courier, those items are of a medical nature and … Read more