Venezuela Economy
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Venezuela's Guaido Claims Military Support to Take Power
Guaido went to a military base at the capital to proclaim the end of Maduro’s regime, called for a military uprising.
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The World's Most Miserable Economy Has Seven-Figure Inflation
Venezuela topped the rankings of Bloomberg’s Misery Index for the fifth straight year.
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Venezuela Shuts Schools and Tells Workers to Stay Home After Big Power Cuts
Venezuela’s government suspended school and told workers to stay home after electricity failures in large parts of the country.
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What Broke Venezuela’s Economy and What Could Fix It
Hyperinflation, plunging oil production and unpayable debts will confront whoever wins the current struggle for power control.
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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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Maduro's 20-Ton Pile of Gold Is Stuck in Limbo in a Caracas Vault
The Russian airplane that a Venezuelan lawmaker alleged was in Caracas to spirit the gold away left the country without it.
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Venezuela's Guaido Says Opposition Seeks Financing, Debt Relief
Guaido has been aggressively pushing the Venezuelan military and foreign governments to recognize him.
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Early Figures Show Venezuela Economy Fell 16.6 Percent in 2017
Preliminary data points to the fourth straight year of contraction for the oil-rich nation.
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Venezuela’s Hard-Partying Beaches Are Now Deserted and Filthy
La Guaira’s best spot can now be found amid small piles of trash, bottle caps, plastic bags, cigarette butts and dead leaves.
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Venezuela’s Crack-Up Is Accelerating
What happens when the country with the world’s largest oil reserves becomes its latest failed state?
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Confusion Reigns as Maduro Mega-Devaluation Roils Venezuela
Venezueal will enact a massive currency devaluation and an increase in taxes, and will raise gasoline prices.
-
Venezuela's Inflation to Reach 1 Million Percent, IMF Forecasts
The crisis is comparable to that of Germany in 1923 or Zimbabwe in the late 2000s.
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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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The Bloody Grab for Gold in Venezuela’s Most Dangerous Town
In Venezuela’s gold capital, national guardsmen block the roads.
-
Get Set for Petro, Venezuela’s Cryptocurrency Answer to Bitcoin
The petro is just a way to hide new international debt behind crypto mumbo-jumbo.
-
Venezuela's Guaido Claims Military Support to Take Power
Guaido went to a military base at the capital to proclaim the end of Maduro’s regime, called for a military uprising.
-
The World's Most Miserable Economy Has Seven-Figure Inflation
Venezuela topped the rankings of Bloomberg’s Misery Index for the fifth straight year.
-
Venezuela Shuts Schools and Tells Workers to Stay Home After Big Power Cuts
Venezuela’s government suspended school and told workers to stay home after electricity failures in large parts of the country.
-
What Broke Venezuela’s Economy and What Could Fix It
Hyperinflation, plunging oil production and unpayable debts will confront whoever wins the current struggle for power control.
-
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.
-
Maduro's 20-Ton Pile of Gold Is Stuck in Limbo in a Caracas Vault
The Russian airplane that a Venezuelan lawmaker alleged was in Caracas to spirit the gold away left the country without it.
-
Venezuela's Guaido Says Opposition Seeks Financing, Debt Relief
Guaido has been aggressively pushing the Venezuelan military and foreign governments to recognize him.
-
Early Figures Show Venezuela Economy Fell 16.6 Percent in 2017
Preliminary data points to the fourth straight year of contraction for the oil-rich nation.
-
Venezuela’s Hard-Partying Beaches Are Now Deserted and Filthy
La Guaira’s best spot can now be found amid small piles of trash, bottle caps, plastic bags, cigarette butts and dead leaves.
-
Venezuela’s Crack-Up Is Accelerating
What happens when the country with the world’s largest oil reserves becomes its latest failed state?
-
Confusion Reigns as Maduro Mega-Devaluation Roils Venezuela
Venezueal will enact a massive currency devaluation and an increase in taxes, and will raise gasoline prices.
-
Venezuela's Inflation to Reach 1 Million Percent, IMF Forecasts
The crisis is comparable to that of Germany in 1923 or Zimbabwe in the late 2000s.
-
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...
-
The Bloody Grab for Gold in Venezuela’s Most Dangerous Town
In Venezuela’s gold capital, national guardsmen block the roads.
-
Get Set for Petro, Venezuela’s Cryptocurrency Answer to Bitcoin
The petro is just a way to hide new international debt behind crypto mumbo-jumbo.
