Piracy off the coast of Venezuela to emerge in 2018. Pirates also make an income by smuggling goods from Trinidad and Tobago into Venezuela, where there is scarcity of numerous common products due to economic issues. With the two countries being two hours apart by water, Venezuelan pirates can receive high profits selling Trinidadian goods in their native country and then return to the island nation to sell discounted Venezuelan contraband. Venezuelans also fear government authorities who are just as desperate, calling law enforcement pirates as well. The violence in the area lead "Trinidad and Tobago Newsday" to name the waters the "Gulf of No Return".
Margarita Island Margarita Island Margarita Island (, ) is the largest island in the Venezuelan state of Nueva Esparta, situated off the northeastern coast of the country, in the Caribbean Sea. The capital city of Nueva Esparta, La Asunción, is located on the island. Primary industries are tourism, fishing and construction. Christopher Columbus was the first European to arrive on Margarita Island in 1498. The local natives were the Guaiqueries people. The coast of the island was abundant in pearls, which represented almost a third of all New World tribute to the Spanish Crown. Margarita Island was fortified against the increasing threat