Venezuela jails 34 store managers on charges of price gouging
Venezuela’s President Nicolas Maduro said on Thursday that 34 supermarket managers had been jailed on charges of hiding food and gouging prices, in the leftist government’s latest crackdown on businesses as the country struggles under a severe economic downturn. “We had a group of supermarkets that hid the products from people and started to charge […]
Venezuela Shatters Bitcoin Trading
Trading between Bitcoin and the Venezuelan Bolivar (VES) has beaten all records to pass 500 million for the first time last week. Data from Coin Dance, which tracks volumes on P2P platform Localbitcoins, confirms that the seven days ending August 25 saw BTC/VES achieve volumes never seen before. The results come the same week Venezuela […]
