Venezuelans lack basic necessities as economic crisis deepens

Venezuelans lack basic necessities as economic crisis deepens

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Between two portraits of Venezuela’s hero Simon Bolivar in the background, President Nicolas Maduro speaks at a press conference in Caracas. Maduro blames the U.S. for plotting against him.; Credit: Ariana Cubillos/AP

Venezuela is a big oil producer, but as the price has dropped, the country’s economy has struggled.

Headlines out of the South American nation suggest the situation is now at a crisis point. Hospitals have run out of supplies, electricity is intermittent, and some local factories have shut down production.

Protestors are calling for President Nicolas Maduro to leave office. His supporters, however, argue a coup is in the making.

Virginia Lopez, Al Jazerra senior correspondent in Caracas, joined Take Two to explain the country’s current economic and political crisis.

To listen to the full interview, click the blue player above.