Venezuela shuffles economic team, keeps forex rate

Venezuela's President Nicolas Maduro named an army general as the new finance minister in a reshuffle of his economic team on Wednesday and said there would be no currency devaluation this year despite a soaring black market for dollars. The cabinet changes do not suggest any major shift in the country's state-dominatedeconomy, as the new economic team retains many of the same policy-makers that helped the late Hugo Chavez advance the OPEC nation's drive toward socialism. More...