Episode details

World Service,26 Jul 2024,26 mins
Venezuela's Election: Democracy on Trial Amid Economic Turmoil
World Business ReportAvailable for over a year
Venezuelans head to the polls this Sunday for a presidential election fraught with concerns over fairness and transparency, against a backdrop of prolonged political and economic turmoil. The Paris Olympics are set to dazzle with a grand opening ceremony, despite earlier arson attacks on the train network raising security issues. The games are anticipated to inject 5 to 10 billion euros into the French economy. Plus Argentina’s strong peso is creating a unique economic challenge: inflation is surpassing currency devaluation, prompting many Argentinians to cross borders for cheaper goods in neighbouring countries due to high domestic tariffs.
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