venezuela

• republic in northeastern south america
the republic of venezuela is a country in northern south america. it was a spanish colony from the 15th century until 1830. in the 1920s oil was discovered and in 1985 venezuela ranked as the eighth largest oil producer in the world. it is a member of opec and the organization of american states. it also exports aluminium, and iron and steel. it is a major transit point for the illegal trade in cocaine. rafael caldera rodr?guez, leading a coalition called national convergence (cn), was elected president in 1993 and took office in 1994. high inflation and large foreign debts are major economic problems.
the republic of venezuela is a country in northern south america. it was a spanish colony from the 15th century until 1830. in the 1920s oil was discovered and in 1985 venezuela ranked as the eighth largest oil producer in the world. it is a member of opec and the organization of american states. it also exports aluminium, and iron and steel. it is a major transit point for the illegal trade in cocaine. rafael caldera rodr?guez, leading a coalition called national convergence (cn), was elected president in 1993 and took office in 1994. high inflation and large foreign debts are major economic problems.