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The Associated Press - Business News on MSN13d
Inflation worsens Venezuela's complex crisis as Maduro declares 'economic emergency'Economist Pedro Palma said Venezuela's inflation rate could be between 180% and 200%. He warned that people will cut spending ...
Reduced to a marginal oil producer over the past decade, Venezuela has suffered another blow as United States president ...
Because of the hyperinflation process ... US dollars and greenback prices' denomination in commerce and business in Venezuela. However the opposition Venezuelan Finance Observatory, OVF, disagrees ...
Venezuela's consumer prices rose 5.1% in ... that the scarcity index had reached its highest level since 2009. Hyperinflation is attributed to two main factors: one is ramped-up public spending ...
Venezuela has the world's biggest proven ... to the east of Colombia is in the grip of political paralysis, catastrophic "hyperinflation" and the world's biggest current economic contraction ...
Venezuela’s authoritarian leader Nicolás ... He recalled watching his savings evaporate during the worst years of hyperinflation and economic chaos. To make ends meet, he now relies on money ...
Economists caution that if the currency’s decline continues, Venezuela could once again enter a period of runaway inflation, potentially reaching the threshold of hyperinflation that devastated ...
Venezuela remains one of the most dangerous countries for children. Sadly, the country has the highest homicide rates in the world - a shocking 24 out of 1,000 children are murdered each year.
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