Black Friday, But No Shoppers: Venezuela's Economic Struggles Overshadow Holiday Discounts

Despite steep discounts on Black Friday, Venezuelan shoppers stayed away from malls due to the nation's severe economic issues. The focus for most is on immediate survival needs, like food and medicine, rather than shopping. The current political climate, including U.S. pressures on Maduro, exacerbates the situation.

Window displays flaunting 30% discounts and $20 shoes failed to entice bargain hunters this Black Friday at a bustling Caracas mall. Even the new H&M store saw sparse foot traffic in the morning hours.

Venezuelans attribute this decline not to the looming U.S. military threats but to the suffocating national economy. Years of enduring their nation's crisis have driven citizens to prioritize immediate necessities, such as food and medicine. "The country's economy is focused on day-to-day survival," said physician Luisa Torrealba outside an appliance store.

Amidst the country's hardships, the White House assesses potential strikes on Venezuelan soil, but citizens like Marian García find it challenging to indulge in luxuries. Black Friday deals seem less enticing as people cut back, focusing on essentials. The International Monetary Fund recently reported a staggering 270% inflation rate for Venezuela, worsening the economic plight for millions.

(With inputs from agencies.)