Venezuela’s Currency Is Doing Even Worse Than Previously Thought

Venezuela’s currency is worth even less than previously believed, with new trackers of the black-market rate showing deep discounts compared with the long-standing benchmark gauge.

The post Venezuela’s Currency Is Doing Even Worse Than Previously Thought appeared first on Worthy Christian News.

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Venezuela evangelical candidate pushes Christian values in midst of crisis

A Venezuelan evangelical pastor who is running for president said on Wednesday that religious leaders have earned the right to enter politics in Latin America due to the failure of politicians in the region, where Protestant candidates are on the rise.

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EU readies sanctions on Venezuela, approves arms embargo

European Union foreign ministers approved economic sanctions, including an arms embargo, on Venezuela on Monday, saying regional elections last month marred by reported irregularities had deepened the country’s crisis.

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Venezuela introduces 100,000 bolivar bill worth $2

Venezuela announced plans to begin issuing 100,000-bolivar notes on Wednesday as the government struggles to control skyrocketing inflation. One year ago, the largest bill was only 100 bolivars – an amount that is now practically worthless.

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Hawaiian judge blocks latest version of Trump’s travel ban

A federal judge in Hawaii has blocked President Trump’s revised travel ban – just hours before it was expected to go into effect across the United States.

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IMF Says Venezuela’s Inflation Rate May Rise Beyond 2,300% in 2018

Venezuela’s triple-digit annual inflation rate is set to jump to more than 2,300 percent in 2018, the highest estimate for any country tracked by the International Monetary Fund.

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