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If one measures severity by the duration of a hyperinflation, Venezuela’s hyperinflation, which started in November of 2016 and has yet to end, is rather severe. It has lasted for twenty-four ...
Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...
Venezuela's currency, the bolivar, ... Venezuela's hyperinflation is jaw-dropping. See for yourself. by Patrick Gillespie and Rhonny Zamora @CNNMoney August 3, 2017: 9:25 AM ET .
Poor Venezuela. What a mess. The bolivar has been hyperinflating since November 2016 when the dollar peg failed: according to the latest estimate from currency expert Steve Hanke, inflation is ...
Lucrezia Fanelldi is 81 years old but she won't let go of her post as a secretary in a Caracas office because her pension is not enough to cover her most basic needs. “I just get the necessary ...
Venezuela, Racked With Hyperinflation, Rolls Out New Banknotes The country is responding to its currency's alarmingly rapid devaluation with an unlikely solution — by devaluing it further.
Hyperinflation Looms in Venezuela, Screwing the Masses and Helping Maduro Hold On THE ABYSS Donald Trump didn’t cause Venezuela’s disastrous economic woes, but his random war talk is making ...
The government of President Nicolas Maduro of Venezuela introduced a series of new economic measures on Monday. The measures are meant to halt Venezuela’s hyperinflation of over 100 percent per ...
Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the U.S. dollar for everyday transactions.
Venezuela is launching a new currency that slashes five zeros off the country’s fast-depreciating bills, in a bid to tackle the country’s accelerating hyperinflation.. President Nicolas Maduro ...
“Trump has politically abandoned the so-called ‘Crazy Cubans,’” Cabello said, claiming they could be sidelined in next year’s midterm elections. “Despite their lobbying for more attacks, Washington is ...
Editor’s Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a new series of short stories that seeks to capture the surreal quality of living in a land in ...
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