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Venezuelas President Nicolas Maduro (Photo: AP)

How Venezuela turns its useless bank notes into gold

The country's economy in meltdown, an estimated 300,000 fortune hunters have descended on a mineral-rich jungle area to...

11 Feb 2019 10:35 AM IST

The ongoing economic plan announced by President Maduro has been designed by some of the brightest economic minds of Venezuela to structurally bypass the illegal economic sanctions imposed by the US administration.

Venezuela: Intervention, migration and economic recovery plans

Venezuela is the 2nd largest receiver of foreign immigrants in South America, behind Argentina.

18 Sept 2018 12:11 AM IST

Customer who tried to make a purchase with 100-bolivar notes leaves a shop with a message posted in Spanish, not accepting the 100 bank note, in Caracas, Venezuela. (Photo: AP)

Venezuela: New currency flown in to ease crunch

Denominations of up to 20,000 bolivares are expected to follow.

19 Dec 2016 10:59 AM IST