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The key question is how to get rid of Mr. Maduro before he completes the destruction of his country.NYT

Monday, January 23, 2017

Venezuela Names Ricardo Sanguino New Head of Central Bank

Venezuela president Nicolas Maduro on Sunday named a longtime ruling Socialist Party lawmaker as the new head of the central bank as the oil-rich nation tries to turn around a devastating economic crisis. Ricardo Sanguino, who has been a legislator since 2000 and headed the National Assembly’s budget commission, replaces Nelson Merentes, a mathematician whose leadership of the bank since 2009 has been marked by frenzied money printing to pay for populist government programs, contributing to a free fall in the value of the local currency, the bolivar. More…

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