Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other officials on Wednesday,

The inauguration of Venezuela's President Nicolas Maduro left his opponents grappling with mixed feelings of hope and disappointment, wondering why the self-styled socialist leader could not be stopped despite credible evidence that he had lost the election last year.

Venezuela's President Nicolas Maduro, whose nearly 12 years in office have been marked by a deep economic and social crisis, was sworn in for his third term on Friday, remaining in power despite a six-month-long dispute over a contested July election and international calls for him to stand aside.