Venezuela president raises fuel price by 6,000% and devalues bolivar to tackle crisis
Venezuela’s president, Nicolás Maduro, has announced the first rise in petrol prices in 20 years and a sharp devaluation of the currency which he said aimed to shore up the flailing economy, hard hit by falling oil prices which make up 95% of foreign income. Prices at the pump in Venezuela will jump …
Travis Baron flipped this story into Global South •2981d