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crisic

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Definitions of crisic in various dictionaries:

adj - a crucial turning point [n CRISES] : CRISIC

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bDefinitionb of bCRISICb. : of or relating to a crisis.

Crisic might refer to
A socioeconomic and political crisis has been taking place in Venezuela since 2010 under the presidency of Hugo Chávez and has continued into the current presidency of Nicolás Maduro. The current situation is the worst economic Crisis in Venezuela's history and among one of the worst crises experienced in the Americas. * According to The Chosun Ilbo, a South Korean newspaper, the crisis was the result of Bolivarian Revolution's policies that began under the Chávez administration. On 2 June 2010, President Chávez declared an "economic war" due to the increasing shortages in Venezuela. The crisis intensified under the Maduro government, growing more severe as a result of low oil prices in early 2015.The contraction of national and per capita GDPs between 2013 and 2017 has been more severe than that of the United States during the Great Depression, or of Russia, Cuba, and Albania following the fall of communism. In recent years, the annual inflation rate for consumer prices rose hundreds and thousands of percentage points, while the economy contracted by nearly 20% annually. Hunger escalated to the point that the Venezuela's Living Conditions Survey (ENCOVI) found nearly 75% of the population had lost an average of at least 8.7 kg (19.4 lb) in weight due to a lack of proper nutrition. According to a study published in 2018 by three Venezuelan universities, almost 90% of the Venezuelan population now lives in poverty.The crisis has affected the life of the average Venezuelan on various levels. Political corruption, shortages in Venezuela, closure of companies, unemployment, deterioration of productivity and high dependence on oil are other problems that have also contributed to the worsening crisis. Regarding crime, Venezuela is one of the most violent countries in the world, with a murder rate in 2015 of 90 per 100,000 people according to the Observatory of Venezuelan Violence (compared to 5 per 100,000 in the US and 1 per 100,000 in the EU).

Crisic might refer to

A socioeconomic and political crisis has been taking place in Venezuela since 2010 under the presidency of Hugo Chávez and has continued into the current presidency of Nicolás Maduro. The current situation is the worst economic Crisis in Venezuela's history and among one of the worst crises experienced in the Americas.
* According to The Chosun Ilbo, a South Korean newspaper, the crisis was the result of Bolivarian Revolution's policies that began under the Chávez administration. On 2 June 2010, President Chávez declared an "economic war" due to the increasing shortages in Venezuela. The crisis intensified under the Maduro government, growing more severe as a result of low oil prices in early 2015.The contraction of national and per capita GDPs between 2013 and 2017 has been more severe than that of the United States during the Great Depression, or of Russia, Cuba, and Albania following the fall of communism. In recent years, the annual inflation rate for consumer prices rose hundreds and thousands of percentage points, while the economy contracted by nearly 20% annually. Hunger escalated to the point that the Venezuela's Living Conditions Survey (ENCOVI) found nearly 75% of the population had lost an average of at least 8.7 kg (19.4 lb) in weight due to a lack of proper nutrition. According to a study published in 2018 by three Venezuelan universities, almost 90% of the Venezuelan population now lives in poverty.The crisis has affected the life of the average Venezuelan on various levels. Political corruption, shortages in Venezuela, closure of companies, unemployment, deterioration of productivity and high dependence on oil are other problems that have also contributed to the worsening crisis. Regarding crime, Venezuela is one of the most violent countries in the world, with a murder rate in 2015 of 90 per 100,000 people according to the Observatory of Venezuelan Violence (compared to 5 per 100,000 in the US and 1 per 100,000 in the EU).

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