When oil prices started to fall then there was no money

  • A decade earlier, Venezuela, a petrostate under RuneScape Gold the administration of Hugo Chavez, witnessed a collapse in oil prices. 2017 was the year that price of a barrel fell to just $50, down from a record high of over $100 in addition, it was the year that U.S. instituted wide-ranging sanctions against Venezuela's authoritarian government.

    "When oil prices started to fall then there was no money to import the products," said Alejandro Velasco, a professor of New York University who specializes in Venezuelan political issues, in an interview over the phone. "As a result the country was left with no money in the real world for the country's economy."

    Venezuela's coffers were already empty after it spent its most recent oil windfall on social programs like subsidised medical, food, as well as literacy programmes. Chavez also removed perceived dissidents from the oil industry following an attempted military coup altering production.

    And widespread corruption in the government has also hurt the economy, as per Paul Angelo, a fellow at the Council for Foreign Relations who is an expert on Latin American politics.

    Runescape Developer Jagex has put an end the development of Runelite HD, a fan-made HD mod of the popular online client, which is an open-source project for Old School Runescape, just as the project was due to go live on Monday. The 11th-hour move has some Runescape fans decrying Jagex's decision and saying they'll move to other MMOs.

    Runelite HD creator "117" posted to Reddit Tuesday, sharing the message that he received from Jagex The message was later confirmed by Jagex in their own blog post. Runelite HD operates as a plugin that will provide an extensive visual overhaul to the foundation game Runescape that can be seen by 117's Twitter. Moderator 117 added that they've logged around 2000 hours over RS 2007 Fire Cape the past two years developing Runelite HD.