World News - Venezuela announces 40 Days of Blackouts due to Economic Crisis...

April 22, 2016 3:07 PM

World News - The lights are going out in Venezuela... The country announces 40 days of blackouts due to economic crisis...

Government officials announced Thursday that they would begin rolling blackouts for 40 days in cities across Venezuela, starting next week. The move will help save power at a time when water levels at the country's main electric dam are at record lows.

It's quite an irony for Venezuelans to be facing blackouts. Venezuela has the largest proven oil reserves in the world. However, it uses its oil to export to other countries, not to keep the lights on at home.

Read more from CNN Money.

Hmmm...

What do you think about that?

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