After Venezuelan President Nicolas Maduro's 60-fold increase to the minimum wage, store-owners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business. In a set of sweeping announcements that shocked many ...
Maduro move to lop five zeroes off currency, instead of three, worries Venezuelans
Some Venezuelans worried on Thursday about how to pay for public transport and gasoline after leftist President Nicolas Maduro announced plans to slash five zeroes off the country's bolivar currency, rather than the three originally planned. The more aggressive so-called currency redomination comes in response ...
