Ex-Venezuela President Lusinchi dies

May 24, 2014 02:29 am | Updated 02:29 am IST - CARACAS

The former Venezuelan President, Jaime Lusinchi, who struggled to tame an economic crisis sparked by plunging oil prices in the late 1980s and then saw his reputation tarnished by allegations of corruption after leaving office, has died at age 89. Lusinchi entered politics as a teenager in the 1930s as an opponent to the political heir of military strongman Juan Vicente Gomez.

A surgeon by training, Lusinchi as President struggled with an economic crisis marked by galloping inflation and a plunge in the currency value.

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