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Venezuela Currency

Why Airlines Have Halted Flight Sales In Venezuela

AP | FABIOLA SANCHEZ | Posted 01.25.2014 | Latino Voices

CARACAS, Venezuela (AP) — Tempers flared at airline offices in Caracas on Friday as Venezuelans reacted angrily to international carriers' refusal t...

Venezuela Cyber Crackdown Focuses On Bitly

AP | JOSHUA GOODMAN | Posted 12.05.2013 | Latino Voices

CARACAS, Venezuela (AP) — Venezuelans have been scrambling for dollars for weeks, taking refuge in the greenback as their own currency is in free fa...

No Need For Currency Devaluation Despite Plunge, Venezuelan Prez Says

AP | Posted 11.16.2013 | Latino Voices

CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro says there's no need to devalue the bolivar even as the country's currency plunges in ...

Venezuela Inflation Rate Soars To Unseen Levels

AP | Posted 11.08.2013 | Latino Voices

CARACAS, Venezuela -- CARACAS, Venezuela (AP) — Inflation in Venezuela has surged above 50 percent as a plunge in the value of the currency deters i...

Sky Not Falling After Venezuela Devalues Its Currency

Mark Weisbrot | Posted 05.04.2013 | World
Mark Weisbrot

There are a number of distortions and problems with Venezuela's economy -- including recurrent shortages -- and some of them have to do with the management of the exchange rate system. But none of these problems present a systemic threat to the economy.

Venezuela Devalues Currency

AP | FABIOLA SANCHEZ | Posted 02.09.2013 | Latino Voices

CARACAS, Venezuela -- Venezuela's government announced Friday that it is devaluing the country's currency, a long-anticipated change expected to push ...