MERIDA, Venezuela — If you want to feel like a high roller, try exchanging some of your dollars for Venezuelan bolivares. The hefty wad of cash you get for exchanging U.S. currency is enormous and ...
As Venezuelan President Nicolas Maduro faces growing US military pressure and calls for his resignation, an old foe is returning to haunt him in his own backyard: Inflation, one of Venezuela’s chronic ...
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Oil Discounts Deepen Venezuela's Financial Freefall
Venezuela’s economy is in tatters, putting additional pressure on the country’s embattled leader, Nicolas Maduro, at a time when the U.S. Administration is increasing its military presence in the ...
CARACAS, Nov 25 (Reuters) - Venezuela said on Wednesday it will tax hard-currency transactions between clients of the same bank, an effort by President Nicolas Maduro's government to boost tax revenue ...
Venezuela's economy is in a deep crisis, with the IMF forecasting that inflation will surge past 500% in the current year and the Bolivar is expected to lose about 80 percent of its value. The ...
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