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Venezuelan real salary has fallen 89.9% by March

Tuesday, January 31, 2017

Colombia and Venezuela Team Up to Combat Rampant Fuel Smuggling

Police and military officials from both Colombia and Venezuela began operations on their lengthy and porous shared border in order to combat fuel smuggling. These actions are in addition to the so-called Operation Tourniquet that seeks to combat organized crime groups who run the smuggling operations.  According to the governor of the state of Táchira (Venezuela), Jose Vielma Mora, the authorities confiscate daily between 8,000 and 22,000 liters of fuel. Just in the last two months they have confiscated 46,721 liters of gasoline, 5,800 liters of diesel, 1,775 plastic containers for the storage and transport of fuel, about 700 meters of hose and more than 200 bicycles and 30 vehicles adapted specifically for fuel smuggling. More…

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