Russia and Venezuela are running out of cash
• http://www.nextbigfuture.comRussia's reserve fund could be depleted in mid-2017, perhaps a few months later," said Ondrej Schneider, chief economist at the Institute of International Finance.
ON AIR NOW
Click to Play
Russia's reserve fund could be depleted in mid-2017, perhaps a few months later," said Ondrej Schneider, chief economist at the Institute of International Finance.
Venezuelan activist and architect Javier Garcia Hernandez is only 37, but he's seen and been through more than anyone normally would in the US. Hernandez was in Atlanta recently and had a chance to talk with FEE president Lawrence W. Reed about what
Venezuela
Caracas is running out of cash.
Venezuela
Venezuela's socialist leader Nicolas Maduro said on Wednesday that he wanted to avoid confrontation with new U.S. President Donald Trump.
Venezuela
Paris Swade for Liberty Writers reports, CNN just got kicked out of Venezuela for making up fake news! Hahahahahahahahahahaha! The Panama Post is now reporting that Venezuelan President Nicolás Maduro has officially kicked CNN out of the country.
On Thursday, February 9th, Reuters revealed that the Venezuelan state-run oil company PDVSA has not sent oil and fuel that it owes to China and Russia for months.
Venezuelan authorities detained four men suspected of bitcoin mining, forcing the country's main exchange platform to temporarily shut down operations and lose its bank account.
(Natural News) Venezuela has a child malnourishment problem. Kids are fainting in classrooms and dying from hunger. Common images of Venezuelan children show how unhealthy and slim they are. Food shortages are causing major problems. Physicians are s
We've all been eagerly waiting to see them: Venezuela's crisp,brand new yet soon to be hyperinflated with many more zeros banknotes, and finally, after various failed attempts to deliver the new bills to Caracas (which according to Maduro were at lea
Gross Domestic Product plummeted in Venezuela in 2016, while inflation broke historic records, according to the country's Central Bank.
CARACAS (Reuters) - As a harrowing economic crisis makes food scarce for millions of Venezuelans, many families cannot buy their children Christmas presents, decorate their home, or even host a holiday dinner.
As hyperinflating Venezuela's latest experiment in monetary lunacy continues with president Maduro announcing earlier this week he would remove 75% of the physical cash in circulation by eliminating the highest denomination 100 Bolivar bill, desperat
As hyperinflating Venezuela's latest experiment in monetary lunacy continues with president Maduro announcing earlier this week he would remove 75% of the physical cash in circulation by eliminating the highest denomination 100 Bolivar bill, desperat
Venezuelans are rushing to the banks this week in a desperate attempt to protect their savings from the government's latest spasm of reckless financial policymaking.
Ever since Venezuelan government agents put up a giant "Sale" sign in his storefront, crowds have been lining up outside Juan Vieira's shoe shop.
Venezuela's socialist government has seized nearly 4 million toys from a private company and says it intends to hand them out as Christmas gifts to poor children this holiday season.
Once home to the world's fourth-largest tuna fleet and a thriving fishing industry, the catch in the Venezuelan state of Sucre is down to less than a third of what it produced in 2004.
"Economy Shattered, Currency Collapsing": Venezuelans Wait In 6 ATM Lines For Enough To Buy Rice
Biggest bolivar note worth two U.S. cents on the black market So desperate for cash, people queue in hope at empty machines
The Venezuelan hyperinflation is the direct result of what happens when the general population loses all confidence in the government.
Social media in Venezuela will be off limits to the country's military personnel as the government tries to retake control of leaked sensitive information, a recent government report said.
Just last week we were amazed to report that the Venezuela currency, the Bolivar, had crashed below 2,000 for the first time ever, losing 50% of its value in just two months as the Venezuela hyperinflation had entered its terminal phase.
The Venezuelan bolivar lost 45% of its value against the US dollar so far this month, the biggest monthly decline ever.
WILLEMSTAD, Curaçao -- The dark outlines of land had just come into view when the smuggler forced everyone into the sea.
The last time we updated on the value - we use the term very loosely in this case - of the Venezuela currency, the Bolivar in the black market, was at the start of November, when one US dollar purchased 1,567 bolivars in the street.
As Venezuelans struggle with widespread shortages in everything from basic food stuffs to toilet paper, the socialist nation's defense minister announced on Wednesday that the military will take control of the distribution of "all medical and surgi
Some Venezuelan city dwellers are trying to grow their own produce to offset the country's severe shortages following socialist President Nicolás Maduro's calls for "food sovereignty."