Day: April 19, 2018

How one of the richest countries in the world can be poor - Part 1

Yesterday in Venezuela, following an investigation into "illegal exchange rates," 86 people were arrested, 112 arrest warrants issued, 596 raids conducted and 1133 bank accounts frozen. Maduro calls it the outcome of one of the largest criminal investigations in history. But really, it is nothing more than a distraction from the real problem. No exchange offices [...]