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Caught Short: Venezuela's Economy Goes Down The Pan
Venezuela's economy is in a mess. Hyper inflation is a real possibility and growth is slowing. Basic goods, such as toilet roll, sugar, toothpaste and soap are now in short supply.
Despite extensive oil reserves, a decade of price controls has created an over-priced dollar black market and a lack of hard currency to pay importers.
01:11 minutes
Tags: blackmarket, economy, hyperinflation, oil, reserves, venezuela
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