http://www.reuters.com/article/2012/04/17/us-venezuela-inflation-idUSBRE83F16N20120417
Venezuela has one of the world's highest inflation rates.
President Hugo Chavez...battling an undisclosed cancer...is also fighting surging prices and growing shortages...as well as a new young challenger...in a run for yet another 6-year term in October.
Continuing gripes about the rising cost of living are manna for his opponents...even as Hugo increases the minimum wage...and social spending.
Economists say Chavez's responses only feed further inflation.
Popular Posts
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.