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
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
- USA / COMMODITIES: Severe Drought Means Popcorn Prices Will Pop-up.
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- BRASIL: The Drug Crack Invades Slums...So-Called "Cracolandias."