Chaos in Venezuela as Maduro forces price cuts
Hundreds of people gathered outside some
Caracas supermarkets over the weekend after the government ordered shops to
slash prices, creating chaos as desperate Venezuelans leapt at the chance to
buy cheaper food as the country’s worsening economy causes severe shortages.The
administration of President Nicolas Maduro ordered more than 200 supermarkets
to cut prices back to last month’s levels – a tall order in a country where
many prices change daily due to the world’s fastest inflation rate. More…
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