Tuesday, January 9, 2018

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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