Crippling Blackouts Put Venezuela’s Industrial Recovery at Risk
Venezuela's efforts to revive its industrial sector are being severely hampered by frequent and prolonged blackouts, with manufacturers operating without grid power for almost half their working hours in the second quarter. This energy crisis underscores the fragility of the country's electricity system, which is a major obstacle to economic recovery. The situation highlights the urgent need for substantial infrastructure improvements and policy changes to stabilize the power grid and support industrial growth. For more details, check out the full article on Bloomberg.
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