Monday, December 19, 2016

Amid increasing chaos, Venezuela extends use of 100-bolivar ($0.02) bill


Venezuela's government on Saturday extended the use of its 100-bolivar bill until Jan. 2, after its decision to pull the banknote out of circulation left the country largely without cash, and sparked protests and looting. President Nicolas Maduro said the decision to put Venezuela's most widely used note back in use came after the promised higher-denomination replacement bills were still unavailable because three planes transporting them were "victims of sabotage." He did not give details of the alleged sabotage. More…

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