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Vendedores informales de Guasipati alegan que no los dejan trabajar

Vendedores informales de Guasipati alegan que no los dejan trabajar
primicia.com.ve - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from primicia.com.ve Daily Mail and Mail on Sunday newspapers.

Unificación de precios y aceptación del billete de 50 mil reducen tensión en Guasipati tras saqueo de comercios

Unificación de precios y aceptación del billete de 50 mil reducen tensión en Guasipati tras saqueo de comercios
correodelcaroni.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from correodelcaroni.com Daily Mail and Mail on Sunday newspapers.

Venezuelans in mining town loot stores that refuse to accept cash

CIUDAD GUAYANA, Venezuela (Reuters) - At least 10 stores in a southern Venezuelan mining town were looted on Monday after they refused to accept low-denomination banknotes, locals said, a sign of how hyperinflation is roiling commerce in the South American country. The stores in Guasipati had all turned down bills worth 50,000 bolivars, worth less than 2 U.S. cents. Merchants prefer receiving larger bills - the central bank in March said it was issuing a 1 million bolivar note - to avoid handling large handfuls of cash. The 50,000 bolivar bill has become a hindrance, said David Bermudez, vice president of the Consecomercio group representing retailers. Bermudez said that there was not yet an estimate as to the value of the damage, but that looters had stolen food and equipment after breaking through stores walls. There was no immediate comment from local authorities, and Venezuela s information ministry did not immediately respond to a request for comment. Although hyperinflation has

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