October 1, 2022

Venezuela president raises fuel price by 6,000% and devalues bolivar to tackle crisis

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By Sibylla Brodzinsky in Bogota From The Guardian UK Nicolás Maduro uses decree powers to raise fuel prices for first time in 20 years and devalues currency in bid to boost nation’s coffers Venezuela’s president, Nicolás Maduro, has announced the first rise in petrol prices in 20 years and a sharp devaluation of the currency which […]