Economic Chaos As Venezuela Runs Out Of Cash

Venezuela’s crumbling economy has seen millions cross the border with neighbouring Colombia to buy food and essentials. With shop shelves empty and bank withdrawals limited to 10,000 bolivars a day – just US$5.25 – millions have queued at frontier posts for hours. Almost all the Venezuelans shopping in Colombia crossed at three border points in Norte de Santander province. The Colombian government reports 5.6 million Venezuelans have entered the country since August and almost all have gone back. Around 65,000 have stayed in Colombia in a bid to secure an immigration card that allows them to remain in the country for longer. More…