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economa News

Worthless currency becomes art, of sorts, in struggling Venezuela

Caracas - Venezuela's currency has lost so much value that people simply throw away their small bills -- they are virtually worthless anyway.

Venezuela sets initial digital currency value at $60

Caracas - Venezuela on Wednesday set the initial value of a digital currency it created to overcome a liquidity crisis at $60, but its price will fluctuate based on the oil market, authorities said.

EU will 'survive' Brexit, remain strong: Mogherini

Havana - The European Union will "survive" Britain's Brexit departure and will remain strong, the bloc's foreign policy chief said Wednesday.

Feeding a metropolis: Mexico City's Central Market

Mexico - With hotels, car rental agencies, restaurants and even banks, Mexico City's main fruit and vegetable market, the "Central de Abasto", is more than just a place to get your groceries -- it is a mini city within a city.

Peru's Kuczynski dodges impeachment, but is badly weakened

- A much-weakened Pedro Pablo Kuczynski embarked on a cabinet reshuffle Friday, a day after the Peruvian president narrowly staved off impeachment over allegations of corruption linked to disgraced Brazilian construction firm Odebrecht.

Venezuela's currency crumbles at dizzying speed

Caracas - Venezuela's money, the bolivar, is sinking faster and faster under an intensifying political and economic crisis that has left citizens destitute and increasingly desperate.
 

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