Long term turbulence in Oil enriched country. Sad.
Venezuela Extends Use of 100-Bolivar Bill to Halt Looting, Riots
Venezuela President Nicolas Maduro extended the use of the nation’s 100 bolivar bill until Jan. 2 after the government’s decision to pull its largest denomination note out of circulation left the country short of cash, sparking violent protests and looting. Maduro’s decision to extend use of the most-widely-used bill came as the president said replacement higher-denomination notes were unavailable because three planes transporting them to the country were “victims of international sabotage.” He did not give details of the alleged sabotage. Since last Sunday’s shock announcement that almost all 100-bolivar ... (full story)