In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to crude cargoes ...

The uncertainty surrounding Venezuela’s crypto regulator, SUNACRIP, can also be attributed to its ghost-ship status. The once-active (albeit controversial) agency that developed the state-backed ...

As Venezuelan President Nicolas Maduro faces growing US military pressure and calls for his resignation, an old foe is returning to haunt him in his own backyard: Inflation, one of Venezuela’s chronic ...

MERIDA, Venezuela — If you want to feel like a high roller, try exchanging some of your dollars for Venezuelan bolivares. The hefty wad of cash you get for exchanging U.S. currency is enormous and ...

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. The Latin ...

Venezuela's economy is in a deep crisis, with the IMF forecasting that inflation will surge past 500% in the current year and the Bolivar is expected to lose about 80 percent of its value. The ...

Here's one vivid illustration of how much trouble Venezuela's economy is in. I was recently in the city of Cucuta on Colombia's border with Venezuela, and I met a man creating paper sculptures for ...