Does Cape Verde have an extradition treaty with the US?
The Republic of Cabo Verde doesn’t have an extradition treaty with the US. Instead, it claims it was responding to an Interpol arrest notice but the notice was only issued after Saab’s arrest. Cabo Verde’s own court has ruled that Saab can be extradited, an order currently being appealed by his legal team.
What did Alex Saab do?
Criminal charges On 8 May 2019, the Colombian prosecutors office charged Saab with crimes of money laundering, a concert to commit crimes, illicit enrichment, exports and fictitious imports and an aggravated fraud for events related to his Shatex company.
What’s behind Venezuela’s political crisis?
Political corruption, chronic shortages of food and medicine, closure of companies, unemployment, deterioration of productivity, authoritarianism, human rights violations, gross economic mismanagement and high dependence on oil have also contributed to the worsening crisis.
Why did Venezuela Oil prices fall?
Venezuela’s Oil Situation as of 2018 As a result of this lack of labor and other issues, Venezuela’s oil production has fallen to its lowest point in more than 70 years. In June 2018, production fell to 1.34 million barrels per day, an 800,000 barrel drop from the previous year.
Why is Venezuela money worthless?
Potential causes of the hyperinflation include heavy money-printing and deficit spending. In April 2013, the month Maduro took office, the annual inflation rate was 29.4%, only 0.1% less than the rate in 1999 when Hugo Chávez took office. By April 2014, the annual inflation rate was 61.5%.
How much is a cup of coffee in Venezuela?
A cup of coffee in Venezuela’s capital Caracas now costs one million bolivars, equivalent to almost one-fifth of the monthly minimum wage. Owing to the country’s hyperinflation, one million Venezuelan bolivars, when converted into US dollars, comes to 29 cents (₹20).
How much is a bottle of water in Venezuela?
Cost of Living in Venezuela
| Restaurants | Edit |
|---|---|
| Water (1.5 liter bottle) | 1.30$ |
| Bottle of Wine (Mid-Range) | 8.00$ |
| Domestic Beer (0.5 liter bottle) | 1.20$ |
| Imported Beer (12 oz small bottle) | 2.54$ |
Which country has more wealth?
Mean vs. Median Wealth Using the two metrics, Switzerland was the richest country in the world with the highest average per-capita wealth of around US$674,000 per adult. The richest country measured by median per-capita wealth was Australia at around $238,000 in 2020.