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HYPERINFLATION IN VENEZUELA
Down with US petroarchy: Venezuela, sanctions and oil, what India risks in a new energy cold warIndia navigates a complex energy landscape. US actions in Venezuela highlight global energy market volatility. India, reliant on imported e...
Maduro's fall raises Venezuelans' hopes for economic bountyAfter the US raid that deposed Nicolas Maduro as Venezuela's leader, citizens hope the ensuing talks on selling its oil to the United State...
A majority of Venezuelans struggle to pay for food, poll showsA recent Gallup poll revealed that a majority of Venezuelans struggled to afford food and had unstable work last year, with even wealthier ...
President Nicolas Maduro and wife Cilia Flores net worth explained amid US strike and capture claimsPresident Nicolas Maduro and wife Cilia Flores net worth has drawn attention after US President Donald Trump said US forces captured the Ve...
US strikes Venezuela: Supreme Court orders country's VP Delcy Rodriguez become interim presidentVenezuela’s Supreme Court has ordered Vice President Delcy Rodríguez to serve as acting president following the detention of Nicolás Maduro...
Appeals court blocks Trump administration from ending legal protections for 600,000 VenezuelansA federal appeals court has blocked the Trump administration's efforts to end Temporary Protected Status (TPS) for 600,000 Venezuelans, uph...
Venezuelan Bolivar in freefall: Maduro locks Up economists, blocks Dollar sites to hide the damageVenezuela faces economic turmoil as its currency crashes. President Nicolas Maduro's government is arresting economists and shutting down w...
Venezuela kills off petro cryptocurrencyThe cryptocurrency was launched with great pomp and ceremony in February 2018, backed by Venezuela's vast petrol reserves, and priced at US...
Venezuela kills off petro cryptocurrencyAll crypto wallets held on the Patria Platform -- the only website where the petro was tradeable -- will be shut down on Monday, January 15...
Venezuela's inflation hit 686.4% in 2021, says central bankThe deceleration in prices follows government measures which include the restriction of credit and lower spending in bolivars to maintain t...
Venezuela introduces new currency with 6 fewer zerosThis is the third time Venezuela's socialist leaders have lopped zeros off the currency. The bolivar lost three zeros in 2008 under the lat...
A million to 1: Venezuela's currency losing 6 zerosVenezuela's central bank on Thursday announced the change to the bolivar will go into effect October 1. The new 100 bolivar bill will be th...
As Venezuela's economy regresses, cryptocurrency fills the gapsAs hyperinflation and U.S. sanctions disrupt Venezuela's economy, cryptocurrency is emerging as a way to provide services handled elsewhere...
Cupid turns cold in the time of cupidityIn Venezuela, and elsewhere, economic pinch can nip Eros in the bud.
IMF sees Venezuela inflation at 10 million per cent in 2019Venezuela's economy has steadily deteriorated since the crash of oil prices in 2014 left it unable to sustain a socialist system of subsidi...
When Venezuela's president Nicolas Maduro decided to dole out $3 bonus to the police10 million-bolivar bonus amounts to about $3 at the prevailing black-market exchange rate.
In broke Venezuela, a haircut costs 5 bananas and 2 eggsIn the hyperinflationary country, where bank notes are as difficult to find as chronically scarce food and medicine, people are increasingl...
Inflation in Venezuela hits 42,000% as investors dump bolívar ‘like hot potato’Venezuela’s government has largely stopped reporting economic data, including internal measures of inflation.
Is Pakistan China's new Venezuela?China had poured money on Venezuela which is now struggling to repay it and now Beijing is worried about its investments in Pakistan.
Inflation@720%, yet stocks up 1,100%: Venezuelan equity poses ultimate puzzleOn Monday, the nation’s equity benchmark rose 3,603 points, or nearly 3 per cent to 139,399.