maduro: Commodity prices are plunging, while the economy is weakening, according to Deutsche Welle. But instead of instigating reforms, President Maduro is looking for new loans. 07.01.2015 In Venezuela, opposition rallies against Maduro Thousands have marched in Venezuela to pressure President Nicolas Maduro government before December 8 local elections. The South American country is facing an acute economic crisis as its inflation is expected to surpass four digits next year. 04.12.2016 Oil price slump weakens Venezuela economy and government The oil-richest country in the world is struggling. At a rally in Caracas, opposition leader Henrique Capriles denounced the arrest of an aide. 23.11.2013 Venezuelan military takes over food distribution The Venezuelan military has taken over food supplies and distribution as the country jumps from crisis to crisis. The 100-bolivar note, which is worth approximately two cents, will be replaced by much larger bank notes. The opposition warned of granting greater powers to the military. 13.07.2016 Stuck in an economic crisis and facing rampant inflation, the Venezuelan government announced Sunday it would pull its largest bill from circulation on Wednesday.
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