Category Archives: South America

Venezuela – development
The economic situation of the South American country strongly changed. Nicolás Maduro, the late Chávez’s successor in office since 2013, has essentially continued the new course in economic policy.

OIL IS THE ECONOMIC ENGINE
The Venezuelan economy has been based on oil production and processing since the 1920s, which already accounted for more than 90 percent of all export revenues in the 1980s. A key element of the “Bolivarian Revolution” under Chavez was the redistribution of oil revenues through the nationalization of key industries. The extraction and processing of crude oil determines the Venezuelan economy to this day. With around 300 billion barrels, Venezuela and Saudi Arabia have the largest oil reserves in the world according to current knowledge.

The country’s output varies between 2.4 million and 3.1 million barrels (million barrels) per day. The fact that Venezuela can no longer match the previous level of production is due to the inefficient management of the state oil company PDVSA and insufficient investments due to high government taxes. The most important buyers of crude oil are China and above all the USA, where PDVSA operates a number of refineries and a large chain of petrol stations through its subsidiary Citgo Petroleum Corporation. For more information about the continent of South America, please check internetsailors.com.

Chiloe and El Colorado, Chile

Chiloe According to wholevehicles, Chiloe Island (and the entire archipelago of the same name), the second largest in Chile after Tierra del Fuego, is located in the southwestern part of the continent and has a harsh climate and rich history. For a long time before the arrival of the Spanish colonialists, Indian tribes lived here,… Read More »

Coro (Venezuela)

The city of Coro is located in the western part of the Caribbean coast of Venezuela in the north of the Falcon state. It is located on a sandy plain at the base of the narrow isthmus of Medanos, which passes into the Paraguana Peninsula. In the Arawak language, “koro” means wind, and in fact,… Read More »

About Venezuela

According to calculatorinc, Venezuela is an attractive country with picturesque nature. It consists of about 40 beautiful islands washed by the Caribbean Sea. The most popular among tourists and at the same time the largest island is Margarita. On the territory of Venezuela there is also the highest waterfall in the world – Angel, and… Read More »

Puerto Maldonado (Amazonia), Peru

According to Homosociety, the Peruvian Amazon is conditionally divided into the northern one with the “capital” in the city of Iquitos and the southern one with the “capital” in the city of Puerto Maldonado – the main city of the Madre de Dios department in the northwest of the country. Puerto Maldonado is located at… Read More »

Travel to Brazil: a Country Full of Beauty

The fifth largest country on earth, in which all of Europe could fit, is a land full of beauty and longing, carried by the bossa nova and its melancholy lyrics. Brazil is a country of contrasts, in which highly industrialized regions and an indigenous population that seem to have fallen out of time face each… Read More »

Chile History

The north of today’s Chile was originally under the control of the Incas, the south was controlled by the nomadic Araucanos. In 1541, Pedro de Valdivia, a Spaniard, founded Santiago. Chile gained its independence from Spain under Bernardo O’Higgins and an Argentine, José de San Martín in 1818. O’Higgins ruled as dictator until 1823 and… Read More »

Venezuela History

Venezuela is a South American nation located on the northern coast of the continent, bordered by Colombia, Brazil and Guyana. According to homosociety, it has an area of 912,050 square kilometers and a population of approximately 28 million people. The capital city is Caracas and the official language is Spanish though there are dozens of… Read More »

Uruguay History

Uruguay is a small country located in South America, bordered by Brazil and Argentina. According to homosociety, it has an area of 176,220 square kilometers and a population of approximately 3.5 million people. The capital city is Montevideo and the official language is Spanish though Portuguese is also spoken in certain regions. Uruguay has a… Read More »

Suriname History

According to homosociety, Suriname is located on the northeastern coast of South America and has a population of approximately 586,000. The official language is Dutch and the currency is Surinamese dollar (SRD). The capital city of Suriname is Paramaribo, which is also its largest city. The country is mostly covered by tropical rainforest and has… Read More »

Peru History

Peru is a country located in the western part of South America, bordered by Ecuador, Colombia, Brazil, Bolivia and Chile. It has an area of 1.285 million square kilometers and a population of approximately 32 million people. Spanish is the official language of Peru, although indigenous languages such as Quechua and Aymara are also spoken… Read More »

Paraguay History

Paraguay is a landlocked country located in South America, bordered by Bolivia to the north, Brazil to the east and south, and Argentina to the west. It has an area of 406,752 square kilometers and a population of approximately 7 million people. Spanish is the official language of Paraguay, although indigenous languages such as Guarani… Read More »

Guyana History

Guyana is a country located in South America, bordered by Brazil, Suriname, and Venezuela. According to homosociety, it has a population of around 772,000 people and an area of 214,969 square kilometers. The capital city is Georgetown while other major cities include Linden and New Amsterdam. The official language is English but many other languages… Read More »

Ecuador History

Ecuador is a country located in South America, bordered by Colombia and Peru. According to homosociety, it has a population of around 17.4 million people and an area of 283,560 square kilometers. The capital city is Quito while other major cities include Guayaquil and Cuenca. The official language of Ecuador is Spanish but many other… Read More »

Colombia History

Colombia is a country located in South America, bordered by Panama, Venezuela, Brazil and the Pacific Ocean. According to homosociety, it has a population of around 50 million people and an area of 1,141,748 square kilometers. The capital city is Bogota while other major cities include Medellin and Cali. The official language of Colombia is… Read More »

Chile History

Chile is a country located in South America, bordered by Peru, Bolivia, Argentina and the Pacific Ocean. According to homosociety, it has a population of around 18 million people and an area of 756,096 square kilometers. The capital city is Santiago while other major cities include Valparaiso and Concepcion. The official language of Chile is… Read More »

Brazil History

Brazil is a country located in South America, bordered by Argentina, Bolivia, Colombia, French Guiana, Guyana, Paraguay, Peru, Suriname and Venezuela. According to homosociety, it has a population of around 210 million people and an area of 8.515 million square kilometers. The capital city is Brasilia while other major cities include Rio de Janeiro, São… Read More »

Bolivia History

Bolivia is a landlocked country located in South America, bordered by Brazil to the north and east, Peru to the northwest, Chile to the southwest, and Argentina and Paraguay to the south. According to homosociety, it has a population of around 11 million people and an area of 1,098,581 square kilometers. The capital city is… Read More »

Argentina History

Argentina is a large country located in South America bordered by Bolivia, Paraguay, Brazil, and Chile. According to homosociety, it has a population of over 45 million people and an area of 2.8 million square kilometers. The official language is Spanish while Italian, German and English are also widely spoken. The currency used in Argentina… Read More »

South America History

Pre-Columbian history America was probably originally a “deserted” continent. The first immigration (hunter-gatherer) from Asian Siberia via the then still mainland or icy Bering Strait was around 15,000 BC. (maybe earlier) detectable; the Inca Empire in Peru since 1200, peak in the 15th century AD. Columbus and post-Columbian history After the old West-East trade routes… Read More »