Why Venezuela is unhappy after a 3,000% wage hike

To say that Venezuela's economy is in doldrums, will be an understatement. The country's inflation rate is currently the world's highest. Venezuela's Central Bank has not published inflation figures since 2015, but earlier this year the International Monetary Fund (IMF) predicted that the it will hit 1 million per cent by the end of 2018.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BAU4cW