Wednesday, December 9, 2015

Venezuela's Poor Rejected Socialists, Now Fear Eco


Residents of the slum where Hugo Chavez's final remains rest are expecting deeper economic pain after they helped a majority of the nation's voters deliver a landslide for the opposition against the socialist party founded by the late president. Even if the new legislature elected Sunday devotes itself to righting the economy, things in this neighborhood could soon get worse before they get better. The same price and currency controls that have turned daily life into a scavenger hunt for food and medicine also shield the poor from the country's triple-digit inflation. More…

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