Venezuela's consumer prices rose 5.1% in ... that the scarcity index had reached its highest level since 2009. Hyperinflation is attributed to two main factors: one is ramped-up public spending ...

Venezuela has the world's biggest proven ... to the east of Colombia is in the grip of political paralysis, catastrophic "hyperinflation" and the world's biggest current economic contraction ...

Hyperinflation in Venezuela is so bad that, for a time in March 2019, a McDonald's Happy Meal cost more than the country's minimum monthly wage. Jesus Yepez, who lives in Caracas, Venezuela's ...

The Trump administration canceled a license with oil giant Chevron that allowed Venezuela to export oil. This is a major blow ...

“Food is now in hyperinflation” said opposition lawmaker Angel Alvarado, adding that the food sector had seen price rises of 51% in August. Economists usually define hyperinflation as ...

Venezuela remains one of the most dangerous countries for children. Sadly, the country has the highest homicide rates in the world - a shocking 24 out of 1,000 children are murdered each year.

Cavallo, Alberto, Mariana Cal, and Carla Larangeira. "Automercados Plaza's: Surviving Venezuela's Hyperinflation." Harvard Business School Case 721-014, October 2020. (Revised March 2022.) ...