Economist Pedro Palma said Venezuela's inflation rate could be between 180% and 200%. He warned that people will cut spending ...

Venezuelan President Nicolas Maduro announced on Tuesday that he had signed a new economic emergency decree aimed at stabilizing the countrys struggling economy. Speaking during a televised conference ...

As Venezuela’s economy crumbled under hyperinflation, oil dependency, and sanctions, nearly 8 million people fled the country. Despite widespread protests and international condemnation ...

Economists caution that if the currency’s decline continues, Venezuela could once again enter a period of runaway inflation, potentially reaching the threshold of hyperinflation that devastated ...

MARACAIBO, Venezuela (AP ... Those government measures helped end a yearslong cycle of hyperinflation, which had reached 130,000% in 2018. Gross domestic product grew 8% in 2022, according ...