hyperinflation

Germans Hit with Higher Prices Across the Board 
Germans Hit with Higher Prices Across the Board 
October 28, 2021  |  International

Germans will have to dig a little deeper to overcome supply shortages and increased energy prices that are leading to higher production costs on myriad...

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Faulty Venezuelan Payments System Creates Delays, Chaos
Faulty Venezuelan Payments System Creates Delays, Chaos
September 05, 2018  |  International

The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. According to Reuters,...

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Venezuelan Bolívar Loses Five Zeros
Venezuelan Bolívar Loses Five Zeros
July 27, 2018  |  International

The Venezuelan government said it will knock five zeros off its currency — the bolívar — instead of the three it had planned. According to...

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Digital Payments Explode In Venezuela Amid Scarce Cash
Digital Payments Explode In Venezuela Amid Scarce Cash
February 15, 2018  |  Digital Payments

Where cash is hard to find, therein lies boon and bumper crop for digital payments. Reuters reported that in Venezuela, the economic crisis has fostered an...

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