People often go home empty handed because of food shortages . Inflation rose to 27.6 percent in November . The government raised the prices of as many as 15,000 products . Bolivarian is a reference to the country 's official name , The Bolivarian Republic of Venezuela . Venezuela , a major producer of oil and minerals , is not a poor country .
People often go home empty handed because of food shortages . Inflation rose to 27.6 percent in November . The government raised the prices of as many as 15,000 products . Venezuela , a major producer of oil and minerals , is not a poor country .