Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Wednesday, December 8, 2010
Tuesday, January 12, 2010
Venezuela soldiers shut shops accused of profiteering
Government inspectors backed by soldiers have shut more than 70 shops in Venezuela accused of trying to cash in on last week's currency devaluation.
Soldiers have been on the streets to check prices as people queue to buy imports, fearing prices could rise.
Devaluing the bolivar by at least 17% will aid competition and cut reliance on imports, President Hugo Chavez says.
On Sunday he warned that businesses engaging in what he called ... READ MORE
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