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What Hyperinflation In Venezuela Really Looks Like

Authored by J.G.Martinez D. via Daisy Luther's Organic Prepper blog, The inten.....»»

Category: blogSource: zerohedgeApr 16th, 2018

Venezuela"s Maduro, Clinging to Power, Uses Hunger as an Election Weapon

Venezuela is an economic basket case, with hyperinflation and shortages of nearly everything. So how do its Socialist rulers keep winning elections? By controlling the food supply......»»

Category: topSource: wsjMar 22nd, 2018

Venezuela"s 4,000% Hyperinflation "Breaks" Cash-Weighing Scales

Mired in a brutal economic collapse, Venezuela refuse.....»»

Category: blogSource: zerohedgeMar 15th, 2018

Renegade"s Long-Shot Bet to Win Venezuela Race: the U.S. Dollar

Defying an opposition boycott to run against President Nicolás Maduro, Henri Falcón says he can win May elections with his plan to adopt the U.S. dollar and halt the hyperinflation punishing the country’s poor......»»

Category: topSource: wsjMar 14th, 2018

One idea to stop Venezuela"s downward spiral: Switch to the US dollar

With elections this spring, Venezuelan presidential candidate Henri Falcon is proposing to replace the country's spiraling currency, the bolivar, with the US dollar to end hyperinflation......»»

Category: marketsSource: cnnMar 13th, 2018

With Venezuelan hyperinflation, multinationals buck price controls

VALENCIA, Venezuela/CARACAS (Reuters) - When Colgate-Palmol.....»»

Category: topSource: reutersMar 8th, 2018

Venezuela hikes its minimum wage again -- to just over $6

The Venezuelan government raised the country's monthly minimum wage again as hyperinflation demolishes people's incomes......»»

Category: topSource: cnnMar 2nd, 2018

With 13,000% Hyperinflation in Venezuela, Eggs Are Money

Prices are doubling every few weeks in crisis-wracked Venezuela, forcing residents to come up with ingenious workarounds to pay for basic goods, including barter......»»

Category: topSource: wsjFeb 5th, 2018

Venezuela Hyperinflation Nears Papiermark, Pengo, Zimbabwean Dollar Levels

Venezuela Hyperinflation Nears Papiermark, Pengo, Zimbabwean Dollar Levels.....»»

Category: blogSource: valuewalkJan 18th, 2018

Venezuela offers pregnant women $3.83 a month

A new monthly subsidy announced by President Nicolas Maduro is worth $3.83. It's unlikely to make much difference for people living in a nation plagued by hyperinflation......»»

Category: topSource: cnnJan 15th, 2018

Venezuela raises minimum wage 40%, stoking world"s fastest inflation

Venezuelan President Nicolas Maduro announced a 40 percent increase to the minimum wage as of January, a move that will foment what many economists already consider hyperinflation in the oil-rich but crisis-stricken nation......»»

Category: topSource: moneycentralDec 31st, 2017

This Is What The Death Of A Nation Looks Like: Venezuela Prepares For 2,300% Hyperinflation

Back in January 2016, we showed what the collapse of Venezuela looks like, when in addition to charting Venezuela's imploding currency (w.....»»

Category: blogSource: zerohedgeOct 10th, 2017

Venezuelans Find A New Way To Fight Back

Authored by Rene Chun via The Atlantic, Hyperinflation has driven thousands to seek out unorthodox currency. In Venezuela, home to some of the worst hyperinflation since the Weimar Republic, a Big Mac costs about half a month’s wages. Or r.....»»

Category: blogSource: zerohedgeSep 3rd, 2017

Venezuela"s hyperinflation is jaw-dropping

Venezuela's currency, the bolivar, has plunged in value as the country's government can't afford to import enough food and medicine for its people......»»

Category: topSource: cnnJul 31st, 2017

Venezuela"s hyperinflation is jaw dropping

Read full story for latest details......»»

Category: topSource: cnnJul 28th, 2017

Venezuela"s hyperinflation is jaw-dropping. See for yourself

Read full story for latest details......»»

Category: topSource: moneyJul 28th, 2017

Venezuela jacks up minimum wage for third time this year

Venezuela's president, Nicolas Maduro, announced a 50% increase in the country's minimum wage on Sunday. Due to hyperinflation, the increase only works out to almost $13 a month......»»

Category: topSource: cnnJul 2nd, 2017

Believe It or Not, Halliburton"s Earnings Could Still Improve From Here

The company posted a profit despite some large writedowns in Venezuela, and foresees even more growth across all its business lines......»»

Category: topSource: foxnews7 hr. 28 min. ago

Halliburton "carefully managing" go-forward exposure in Venezuela

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: dealsSource: nytApr 23rd, 2018

Venezuela"s Gold Liquidation Accelerates; Will Be Out Of Gold In One Year

On Friday, Turkey unveiled its latest unorthodox financial surprise, when a local newspaper reported that Ankara will repatriate all of its gold held at the NY Fed. The stated reason: an .....»»

Category: blogSource: zerohedgeApr 22nd, 2018

"Enough With All The Deaths" - Venezuelan Cops Clash With Protesting Patients & Doctors Over Hospital Shortages

The price of oil has been steadily climbing this year, but Venezuela's financial situation remains as dire as ever. And in the latest sign of just how desperate the.....»»

Category: blogSource: zerohedgeApr 21st, 2018