inflation

A worker pumps gas into a vehicle at a gas station, which belongs to Venezuela's state oil company PDVSA, in Caracas, on Feb. 12, 2016.

Venezuela’s 6,000-percent gas price hike has a global origin

February 19, 2016Economics

Given President Nicolás Maduro is already fighting for his political survival, it might seem crazy of him to meddle with such a sensitive issue as the cost of gas. Venezuelans are already dealing with triple-digit inflation.

Argentina's Economy Minister Martin Lousteau and his girlfriend Anita attend the final match at the Buenos Aires Open tennis tournament between Jose Acasuso and David Nalbandian February 24, 2008.

Inflation — and hotness — make economists superstars in Argentina

December 4, 2014Economics

Supplies of food and other basic products have been patchy in recent months in Caracas, Venezuela. The situation has spawned jokes among Venezuelans, particularly over the lack of toilet paper.

In Venezuela, ‘la revolucion’ has turned into ‘la crisis’

October 3, 2013Business, Economics and Jobs