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Cheap flights to Paris from Caracas
Caracas is the capital and largest city of Venezuela, and centre of the Greater Caracas Area. Caracas is located along the Guaire River in the northern part of the country, following the contours of the narrow Caracas Valley on the Venezuelan coastal mountain range (Cordillera de la Costa). Terrain suitable for building lies between 760 and 1,140 m (2,490 and 3,740 ft) above sea level, although there is some settlement above this range. The valley is close to the Caribbean Sea, separated from the coast by a steep 2,200-metre-high (7,200 ft) mountain range, Cerro El Ávila; to the south there are more hills and mountains. The Metropolitan Region of Caracas has an estimated population of 4.923.201.
Strictly speaking, the centre of the city is still “Catedral”, located near Bolívar Square, even though it is assumed that it is Plaza Venezuela, located in the Los Caobos neighbourhood. Chacaíto area, Luis Brión Square and El Rosal neighborhood are also considered the geographic center of the Metropolitan Region of Caracas, commonly called “Greater Caracas”.
Businesses in the city include service companies, banks, and malls. Caracas has a largely service-based economy, apart from some industrial activity in its metropolitan area. The Caracas Stock Exchange and Petróleos de Venezuela (PDVSA) are headquartered in Caracas. PDVSA is the largest company in Venezuela. Caracas is also Venezuela’s cultural capital, with many restaurants, theaters, museums, and shopping centers. Some of the tallest skyscrapers in Latin America are located in Caracas.
Caracas has been considered one of the most important cultural, tourist, industrial and economic centers of Latin America. The Museum of Contemporary Art of Caracas is one of the most important in South America. The Museum of Fine Arts and the National Art Gallery of Caracas are also noteworthy. The National Art Gallery is projected to be the largest museum in Latin America, according to its architect Carlos Gómez De Llarena. Caracas is home to two of the tallest skyscrapers in South America: the Parque Central Towers. It has a nominal GDP of 91,988 million dollars, a nominal GDP per capita of 18,992 and a PPP GDP per capita of 32,710 dollars. Being the seventh city in GDP and the seventh metropolitan area in population of Latin America.
Caracas has one of the highest per capita murder rates in the world, with 111.19 homicides per 100,000 inhabitants.
At the time of the founding of the city in 1567, the valley of Caracas was populated by indigenous peoples. Francisco Fajardo, the son of a Spanish captain and a Guaiqueri cacica, attempted to establish a plantation in the valley in 1562 after founding a series of coastal towns. Fajardo’s settlement did not last long. It was destroyed by natives of the region led by Terepaima and Guaicaipuro. This was the last rebellion on the part of the natives. On 25 July 1567, Captain Diego de Losada laid the foundations of the city of Santiago de León de Caracas. The foundation − 1567 – “I take possession of this land in the name of God and the King” These were the words of Don Diego de Losada in founding the city of Caracas on 25 July 1567. In 1577, Caracas became the capital of the Spanish Empire’s Venezuela Province under Governor Juan de Pimentel (1576–1583).
During the 17th century, the coast of Venezuela was frequently raided by pirates. With the coastal mountains as a barrier, Caracas was relatively immune to such attacks. However, in 1595, around 200 English privateers including George Sommers and Amyas Preston crossed the mountains through a little-used pass while the town’s defenders were guarding the more often-used one. Encountering little resistance, the invaders sacked and set fire to the town after a failed ransom negotiation.
As the cocoa cultivation and exports under the Compañía Guipuzcoana de Caracas grew in importance, the city expanded. In 1777, Caracas became the capital of the Captaincy General of Venezuela.
José María España and Manuel Gual led an attempted revolution aimed at independence, but the rebellion was put down on 13 July 1797. Caracas was ultimately the site of the signing of a Declaration of independence on 17 August 1811. In 1812, an earthquake destroyed Caracas. The independentist war continued until 24 June 1821, when Bolívar defeated royalists in the Battle of Carabobo.
Caracas grew in economic importance during Venezuela’s oil boom in the early 20th century. In 1941, Caracas was the site at which ratifications for the López de Mesa-Gil Borges Treaty were exchanged. Later, during the 1950s, Caracas began an intensive modernization program which continued throughout the 1960s and early 1970s. The Universidad Central de Venezuela, designed by modernist architect Carlos Raúl Villanueva and declared World Heritage by UNESCO, was built. New working- and middle-class residential districts sprouted in the valley, extending the urban area toward the east and southeast. Joining El Silencio, also designed by Villanueva, were several workers’ housing districts, 23 de Enero and Simon Rodriguez. Middle-class developments include Bello Monte, Los Palos Grandes, Chuao, and El Cafetal. The dramatic change in the economic structure of the country, which went from being primarily agricultural to dependent on oil production, stimulated the fast development of Caracas, and made it a magnet for people in rural communities who migrated to the capital city in an unplanned fashion searching for greater economic opportunity. This migration created the rancho (slum) belt of the valley of Caracas.
The flag of Caracas consists of a burgundy red field with the version of the Coat of Arms of the City (effective since the 1980s). The red field symbolises the blood spilt by Caraquenian people in favour of independence and the highest ideals of the Venezuelan Nation. Later, in the year 1994, presumably as a result of the change of municipal authorities, it was decided to increase the size of the Caracas coat of arms and move it to the centre of the field. This version of the flag is still in use today.
The coat of arms of the City of Caracas was adopted by the Libertador Municipality to identify itself. Later, the Metropolitan Mayor Office assumed the lion, the scallop and Saint James’ Cross for the same purpose.
The anthem of the city is the Marcha a Caracas, written by the composer Tiero Pezzuti de Matteis with the lyrics by José Enrique Sarabia. The lyrics are said to be inspired by the heroism of the Caraquenian people, and the memory of the City of Red Roofs. Incidentally, the National Anthem of Venezuela, Gloria al Bravo Pueblo, includes the lines “…y si el despotismo levanta la voz, seguid el ejemplo que Caracas dio” (“…and if despotism raises its voice, follow the example that Caracas gave”), reflecting the fact that, in addition to generously providing many heroic fighters to the War of Independence, the junta established in Caracas (19 April 1810) served as inspiration for other regions to do the same—as did its declaration of independence a year later.
Businesses that are located here include service companies, banks, and malls, among others. It has a largely service-based economy, apart from some industrial activity in its metropolitan area. The Caracas Stock Exchange and Petróleos de Venezuela (PDVSA) are headquartered here. The PDVSA is the largest company in Venezuela, and negotiates all the international agreements for the distribution and export of petroleum. When the company existed, the airline Viasa had its headquarters in the Torre Viasa.
Several international companies and embassies are located in El Rosal and Las Mercedes, in the north of the Baruta municipality and the south of the Chacao municipality.Small and medium-size industry contributes to the Caracas economy. The city provides communication and transportation infrastructure between the metropolitan area and the rest of the country. Important industries in Caracas include chemicals, textiles, leather, food, iron and wood products. There are also rubber and cement factories. Its GDP(Nominal) is US$70 billion and the GDP(PPP) per Capita is.USD 24,000.
In 2013, the World Economic forum evaluated countries in terms of how successful they were in advertising campaigns to attract foreign visitors. Out of the 140 countries evaluated, Venezuela came last. Myriad factors contribute to the lack of tourism in Caracas. A major factor that has contributed to the lack of foreign visitors has been poor transport for tourists. Venezuela has limited railway systems and airlines. High crime rates and the negative attitude of the Venezuelan population towards tourism also contributed to the poor evaluation.
In an attempt to attract more foreign visitors, the Venezuelan Ministry of Tourism invested in multiple hotel infrastructures. The largest hotel investment has been in the Hotel Alba Caracas. The cost for the general maintenance of the north and south towers of the hotel is approximately 231.5 million Venezuelan bolivars.
Although the Venezuelan Ministry of Tourism has taken the initiative to recognize the importance of the tourism industry, the Venezuelan government has not placed the tourism industry as an economic priority. In 2013, the budget for the Ministry of Tourism was only 173.8 million bolivars, while the Ministry of the Youth received approximately 724.6 million bolivars.
The tourism industry in Venezuela contributes approximately 3.8 percent of the country GDP. Venezuela’s current goal is to reach a GDP of 7.6 percent. The World Economic Forum predicts Venezuela’s GDP to rise to 4.2 percent by 2022.
Caracas is contained entirely within a valley of the Venezuelan central range, and separated from the Caribbean coast by a roughly 15 kilometres (9 miles) expanse of El Ávila National Park. The valley is relatively small and quite irregular, the altitude with respect to sea level varies from between 870 and 1,043 meters (2,854 and 3,422 ft), with 900 meters (3,000 feet) in the historic zone. This, along with the rapid population growth, has profoundly influenced the urban development of the city. The most elevated point of the Capital District, wherein the city is located, is the Pico El Ávila, which rises to 2,159 meters (7,083 feet).
The main body of water in Caracas is the Guaire River, which flows across the city and empties into the Tuy River, which is also fed by the El Valle and San Pedro rivers, in addition to numerous streams which descend from El Ávila. The La Mariposa and Camatagua reservoirs provide water to the city. The city is occasionally subject to earthquakes – notably in 1641 and 1967.
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