With inflation near 30%, real wages are falling in Venezuela.
Despite the recent rise in the price of oil, the mood in Caracas is... sour.
http://www.economist.com/world/americas/displaystory.cfm?story_id=13864830
Popular Posts
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- ARGENTINA : Ex-President De La Rua Tried For Corruption.
- CROATIA : Nationalists Clash With Police...On EU Vote Eve.
- BOLIVIA: Morales Continues Verbal Assault On USA's "Meddling"; USAID Expulsion Threatened.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
- UKRAINE / EU : Kyiv Cancels Yalta Summit...After 13 Leaders Bail; Yulia Ends Hunger Strike, Accepts Medical Treatment.
- MONDAY MORNING MUSIC: Desde Argentina: "Lucio El Anarquista" By Guti.
- BRASIL: CBank Lowers SELIC 8th Time...To Historic 8%.