Ten years prior, Venezuela, a petrostate under the leadership of Hugo Chavez, witnessed a plunge in oil prices OSRS Gold For Sale. As of 2017, the cost of a barrel fell to just $50 from a peak of over $100 as well as it was the year that U.S. instituted wide-ranging sanctions against Venezuela's dictatorial government.
"When oil prices started to fall in the early 2000s, there was not enough money to import the products," said Alejandro Velasco, Professor of New York University who specializes in Venezuelan political issues, in an interview over the phone. "As an outcome there was no money for the country's economy."
Venezuela's bank accounts were empty following the spending of its most recent oil earnings on social services like subsidized healthcare, food, or literacy education programs. Chavez has also removed perceived dissenters from the oil business following an attempted military coup affecting production.
In addition, widespread corruption in the administration further damaged the economy, as per Paul Angelo, a fellow at the Council for Foreign Relations who specializes on Latin American politics.
Runescape developer Jagex has put a stop with Runelite HD, a fan-made HD mod of the famous Open-Source client of Old School Runescape, just as the project was about to launch last Monday. The decision was made at the eleventh hour, and has some Runescape supporters expressing their displeasure over Jagex's decision RS Gold Buy, and stating that they'll move to other MMOs.