Inflation in Venezuela could top 1 million percent by the end of 2018 as its five-year-long economic crisis deepens, the region’s observer at the International Monetary Fund said. Years of hyperinflation and destitute conditions in the oil-concentrated nation compare to Germany after World War I and Zimbabwe at the beginning of the last decade, said Alejandro Werner, head of the Western Hemisphere for the IMF, in a blog post. “We expect the [Venezuelan] government to continue to run wide fiscal deficits financed entirely by an expansion in base money, which will continue to fuel an acceleration of inflation as money ... (full story)