Mormons sing Christmas carols at Venezuela Square in Caracas. Photo: Fernando Llano / AP

Venezuela sits atop the world's largest oil reserves. But a crash in global crude prices, combined with incompetent government, has sent the economy into free fall and sparked social unrest.

No money for presents: "How hyperinflation stole Christmas in Venezuela," the WashPost reports in a front-pager. "Just before Christmas, the world's worst inflation crisis in nearly a decade was escalating — bringing a country of nearly 32 million, once Latin America's richest per capita, to its knees."

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Bryan Walsh, author of Future
22 mins ago - Health

The long-term pain of the mental health pandemic

Illustration: Sarah Grillo/Axios

A less visible but still massive trauma caused by the coronavirus is becoming clear: our mental health is suffering with potentially long-lasting consequences.

Why it matters: Mental health disorders that range from schizophrenia to depression and anxiety exert a severe cost on personal health and the economy. Addressing that challenge may require out-of-the-box solutions.

56 mins ago - Axios on HBO

Preview: "Axios on HBO" interviews Bob Woodward

On the next episode of "Axios on HBO," journalist Bob Woodward tells Axios National Political Correspondent Jonathan Swan why he spoke out about President Trump being the "wrong man for the job."

  • "I did not want to join the ranks of the Senate Republicans who know that Trump is the wrong man for the job, but won't say it publicly," Woodward said.

Catch the full interview on Monday, Sept. 28 at 11 p.m. ET/PT on all HBO platforms.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 32,601,345 — Total deaths: 989,761 — Total recoveries: 22,512,527Map.
  2. U.S.: Total confirmed cases as of 10 a.m. ET: 7,034,824 — Total deaths: 203,789 — Total recoveries: 2,727,335 — Total tests: 99,488,275Map.
  3. States: "We’re not closing anything going forward": Florida fully lifts COVID restaurant restrictions.
  4. Health: Young people accounted for 20% of cases this summer.
  5. Business: Coronavirus has made airports happier places The expiration of Pandemic Unemployment Assistance looms.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.