Today Venezuelans corroborate with reliable data from the
Center for Documentation and Social Analysis of the Venezuelan Federation of
Teachers (Cendas-FVM) the economic blow being delivered to their pockets every
day by the so-called "socialism of the 21st century." It should be
remembered that for 20 years, Cendas-FVM has reported the cost of the Basic
Basket of Goods for a family of five. Cendas-FVM reported that its basic basket
cost Bs.97,291.86 (or $15,443 if calculated at the fictional official rate of
Bs.6.30 per dollar) in September of this year, Bs.18,680.21 (23.8%) higher than
August, and representing an increase of Bs.71,905.90 (283.3%) for the past 12
months. This is the second highest inter-monthly variation so far this year and
a cumulative variation of Bs.67,115.04 (222.4%), up Bs.57,351.13 (587.4%) from
the same period a year ago. More… 
Thursday, November 5, 2015
Venezuela's Maduro Sticks to the "Plan for the Homeland"
Today Venezuelans corroborate with reliable data from the
Center for Documentation and Social Analysis of the Venezuelan Federation of
Teachers (Cendas-FVM) the economic blow being delivered to their pockets every
day by the so-called "socialism of the 21st century." It should be
remembered that for 20 years, Cendas-FVM has reported the cost of the Basic
Basket of Goods for a family of five. Cendas-FVM reported that its basic basket
cost Bs.97,291.86 (or $15,443 if calculated at the fictional official rate of
Bs.6.30 per dollar) in September of this year, Bs.18,680.21 (23.8%) higher than
August, and representing an increase of Bs.71,905.90 (283.3%) for the past 12
months. This is the second highest inter-monthly variation so far this year and
a cumulative variation of Bs.67,115.04 (222.4%), up Bs.57,351.13 (587.4%) from
the same period a year ago. More… 
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