financialsense.com / STRATFOR / 10/14/2016
Brazil’s northern state of Roraima, which shares a lengthy border with Venezuela, will create an emergency Cabinet to address the issues stemming from the influx of some 30,000 Venezuelans who are fleeing deteriorating economic conditions. A shortage of basic goods in Venezuela has driven thousands more of its citizens to leave for Colombia and other areas of Brazil, a figure that is likely to grow.
In August, when Colombia partially reopened its border with Venezuela, more than 1.7 million Venezuelans crossed over in a matter of weeks. Most bought basic items such as food and medicine that are in short supply in their country. While some returned to Venezuela, others remained in Colombia, seeking better economic conditions.
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