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Dollars flood Venezuela as Maduro abandons socialismo in favour of Chinese system

Dollars flood Venezuela as Maduro abandons socialismo in favour of Chinese system The country’s stock market is hitting record highs and economists predict the first recovery in GDP this year after seven years of collapse Credit: FEDERICO PARRA /AFP Perched on the mountain range that divides the sprawling city of Caracas from the Caribbean Sea, Venezuela’s Hotel Humboldt can be seen from nearly all corners of the capital. The 65-year-old, 14-floor structure can only be reached by cable car from the city below. It currently boasts 69 rooms, six dining areas, a casino, a night club, and a swimming pool and spa.

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