Venezuela will introduce six new notes and three new coins starting in mid-December to help alleviate practical problems in doing business with the world’s most inflationary currency, according to the central bank.
Currently, the OPEC nation’s largest note is worth just 2 U.S. cents on the black market, meaning cash transactions are extremely cumbersome.
Read the Full Article: Source – ReutersRead More
Time For Truth: (Reuters) – Venezuela confirms bigger bills amid world's highest inflation
Some Venezuelan city dwellers are trying to grow their own produce to offset the country’s severe shortages following socialist President Nicolás Maduro’s calls for “food sovereignty.”
But in a country where families are going hungry as a result of government mismanagement and sky-high inflation, many view the “Great Agro-Venezuela Mission” with skepticism.
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Time For Truth: (The Washington Post) – Venezuela is telling hungry city dwellers to grow their own food
Researchers at Imperial College London made headlines last year when they claimed that up to 200 litres of water could be involved in the download of a single gigabyte (GB) of data.
It’s a shocking statistic – especially when you consider that in 2015 alone the average western European smartphone user got through 1.9GB of data per month per person – rising to 3.7GB per month in the US according to a report by Ericsson.
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Time For Truth: (BBC News) – Is the world wide web a waste of water?
Klaireth Díaz is a 1st-grade teacher at Elías Toro School, one of the biggest public schools in Caracas, the capital of Venezuela.
Last year, she says, attendance was painfully low. Every day, of a class of 30 children at least 10 would be absent.
“The reason was always lack of food,” she told Fox News Latino.
Read the Full Article: Source – Fox NewsRead More
Time For Truth: (Fox News) – Venezuelan children fainting in school because they are hungry
Dozens of Venezuelan women broke through a barricade along the Venezuelan-Colombian border on Tuesday with one goal in mind: finding food.
Local media in the Colombian border town of Cúcuta, estimated that more than 100 people — mostly women — defied Venezuela’s border patrol and swarmed the frontier to do their shopping.