Venezuela Economy
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How Venezuela Turns Its Useless Bank Notes Into Gold
Venezuela's most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation's southern reaches.
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I'll Cut Your Hair For 5 Bananas And 2 Eggs: Life In Caracas, Venezuela
I had time but, as usual, no bolivars. The attendant at the cash-only lot had some bills but no chance to leave his post during the fleeting moments the bakery nearby put his favorite bread on sale. The deal: He let me leave my car, and I came back with an extra loaf, acquired with my debit card. He reimbursed me-giving me a bonus of spare change f...
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Venezuela's Currency Is So Devalued It No Longer Fits In Ordinary Wallets
It's not so easy to find someone who still uses a wallet in Venezuela, where inflation is expected to reach 720 percent this year and the biggest bill - 100 bolivars - is worth about 5 U.S. cents on the black market.
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Thousands March Against President Maduro in Venezuela
Thousands of opponents of Venezuelan President Nicolas Maduro marched in Caracas on Saturday to denounce the socialist government for a deepening economic crisis marked by widespread shortages and galloping inflation.
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Thousands March Against President Maduro in Venezuela
Thousands of opponents of Venezuelan President Nicolas Maduro marched in Caracas on Saturday to denounce the socialist government for a deepening economic crisis marked by widespread shortages and galloping inflation.
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Venezuela President Receives Parade Amid Looming Crisis
Venezuelan President Nicolas Maduro was greeted by the Venezuelan equivalent of a ticker tape parade on Saturday as he returned to an increasingly stricken economy from a two-week fundraising trip.
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How Venezuela Turns Its Useless Bank Notes Into Gold
Venezuela's most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation's southern reaches.
-
I'll Cut Your Hair For 5 Bananas And 2 Eggs: Life In Caracas, Venezuela
I had time but, as usual, no bolivars. The attendant at the cash-only lot had some bills but no chance to leave his post during the fleeting moments the bakery nearby put his favorite bread on sale. The deal: He let me leave my car, and I came back with an extra loaf, acquired with my debit card. He reimbursed me-giving me a bonus of spare change f...
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Venezuela's Currency Is So Devalued It No Longer Fits In Ordinary Wallets
It's not so easy to find someone who still uses a wallet in Venezuela, where inflation is expected to reach 720 percent this year and the biggest bill - 100 bolivars - is worth about 5 U.S. cents on the black market.
-
Thousands March Against President Maduro in Venezuela
Thousands of opponents of Venezuelan President Nicolas Maduro marched in Caracas on Saturday to denounce the socialist government for a deepening economic crisis marked by widespread shortages and galloping inflation.
-
Thousands March Against President Maduro in Venezuela
Thousands of opponents of Venezuelan President Nicolas Maduro marched in Caracas on Saturday to denounce the socialist government for a deepening economic crisis marked by widespread shortages and galloping inflation.
-
Venezuela President Receives Parade Amid Looming Crisis
Venezuelan President Nicolas Maduro was greeted by the Venezuelan equivalent of a ticker tape parade on Saturday as he returned to an increasingly stricken economy from a two-week fundraising trip.
