On Monday, Venezuelan President Nicolas Maduro will issue a new currency to manage the country's runaway inflation, which the IMF predicts will hit 1,000,000% this year. The Venezuelan bolivar has ...
Because of the hyperinflation process, as of next October the Venezuelan currency, Bolivar, will lose six zeroes, the central bank announced on Thursday, This is the third time in thirteen years ...
Venezuela came to a standstill on Tuesday as the country tried to deal with its newly introduced currency. Thousands of businesses closed in order to adapt to the "sovereign bolivar", and many ...
Arbitrariness has been put in writing, in black and white, the repressive reality of the Venezuelan state, something even the military despots of the past did not do,” said lawyer Alí Daniels, ...