• Economy
  • Investing
Long Distance Investing
  • Stock
  • Editor’s Pick
Investing

Venezuela blackouts: Power outage hits Caracas and over 20 states

by August 30, 2024
written by August 30, 2024

Venezuela plunged into darkness early Friday morning as a massive blackout affected at least 20 of its 23 states, underscoring the country’s ongoing struggles with its fragile electrical infrastructure. 

This latest power outage is part of a broader pattern of recurring electrical failures that have plagued the nation in recent years, further exposing the vulnerabilities of a country already deep in political and economic turmoil. 

Amidst this crisis, opposition voices are growing louder, denouncing the government’s response as yet another instance of political mismanagement.

Government’s response: ‘Sabotage’

Venezuela’s Minister of Communication, Freddy Ñáñez, swiftly acknowledged the blackout, attributing it to “sabotage.” 

This explanation fits a familiar narrative employed by President Nicolás Maduro’s regime, which often blames external forces for the country’s systemic failures. 

Ñáñez said, “At 4:50 a.m. today, we have once again fallen victim to an electrical sabotage affecting various states of the country, including Greater Caracas.” 

He assured the public that a special operational plan was in place to restore services.

However, this rhetoric has done little to ease public frustration. 

Critics argue that the government’s consistent claims of sabotage are a diversion tactic meant to deflect responsibility from the regime’s mismanagement of the country’s infrastructure. 

The Maduro administration’s narrative of external threats is seen by many as an attempt to maintain control and suppress dissent, rather than addressing the root causes of the electrical system’s decay.

Frequency of blackouts in Venezuela

Blackouts have become a distressingly regular occurrence in Venezuela, disrupting nearly every aspect of daily life. 

These power outages affect telecommunications, internet connectivity, water pumping, and other essential services, leaving millions of Venezuelans in a state of perpetual uncertainty. 

The situation is particularly dire in the state of Zulia, once known for its oil wealth. 

Zulia has been grappling with severe electricity shortages for over 15 years, with recent temperature spikes exceeding 40 degrees Celsius, further intensifying public frustration and health risks.

The frequency and severity of these blackouts have sparked widespread civil unrest. 

In 2023 alone, the Venezuelan Observatory for Social Conflict (OVCS) documented 416 protests across the country directly related to electrical failures, highlighting the deepening public discontent and the urgency of the situation.

As power outages continue to disrupt daily life, Venezuelans have increasingly turned to social media to voice their anger and frustration. 

Many dismiss the government’s sabotage claims as a cover-up for years of neglect and poor governance. 

The lack of transparency and accountability in addressing these persistent issues has led to a normalization of the crisis, with the non-governmental organization Provea warning against becoming desensitized to the nation’s ongoing challenges.

This blackout is not an isolated incident. Venezuela has a history of massive power outages, most notably in March 2019, when the country endured a nationwide blackout that lasted nearly a month. 

The recurrence of such events highlights the chronic issues within the country’s electrical infrastructure and the urgent need for a sustainable solution.

The post Venezuela blackouts: Power outage hits Caracas and over 20 states appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
AUDUSD consolidates around the weekly open price
next post
Hamster Kombat’s HMSTR to be listed on OKX spot market

You may also like

MEXC strengthens reserve backing with $390M asset increase

April 23, 2025

Oil prices rebound: what’s driving the rally and...

April 23, 2025

Silver rises with gold, but industrial demand outlook...

April 23, 2025

Lead Edge Capital founder Mitchell Green says recession...

April 23, 2025

Why is Toncoin price rising today?

April 23, 2025

BC.GAME to host ‘Untamed Arena’ during TOKEN2049 Dubai,...

April 23, 2025

Keycard launches pre-sale for Shell: the most open,...

April 23, 2025

BA stock rises as Boeing reports smaller Q1...

April 23, 2025

US stocks surge at open: Dow climbs 2.4%,...

April 23, 2025

iExec launches 1M $RLC fund to support AI...

April 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Fox streaming service to be called Fox One, launch before NFL season

      May 13, 2025
    • Fortnite applies to launch on Apple’s App Store after Epic Games court win

      May 11, 2025
    • Cargo thieves are attacking the U.S. supply chain at alarming rates

      May 10, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025

    Categories

    • Economy (682)
    • Editor's Pick (348)
    • Investing (4,555)
    • Stock (820)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Longdistanceinvestings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 Longdistanceinvestings.com

    Long Distance Investing
    • Economy
    • Investing
    Long Distance Investing
    • Stock
    • Editor’s Pick