Venezuelan Gov. Denies Economic Debacle

Venezuela’s government denied Wednesday that the country is facing an economic debacle, describing a New York Times article on the devaluation of the Bolivar as “libel”, DPA reported. “Despite the false economic debacle the article describes, in the course of recent months Venezuela has made historical strides in social matters which are to be held up as examples for many countries around the world. These include the implementation of a decorous housing plan for the entire population which, in a little over three years, has built nearly a million homes,” a communiqué issued by the Venezuelan Foreign Ministry retorted. More…