Latest inflation News

inflation
Editorial 20 December 2021

The demonization of inflation

Inflation refers to the general increase in the price of consumer goods and services measured on a yearly basis and can also be used to describe the rise in the supply of money in the economy.

scam-petro-abandoned-in-venezuela-report
Business 5 February 2020

Scam Petro abandoned in Venezuela: Report

Merchants in Venezuela are refusing to accept payments in Petro crypto, claiming that exchanging the Petros for bolivars is difficult and leads to huge losses.

Maduro proves he has no concept of economics
Business 16 January 2019

Maduro proves he has no concept of economics

Venezuela, led by a former bus driver who took over power following the exit of the country’s former dictator, has not done much to show that the man is capable of handling much more than a steering wheel.