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Venezuela curbs hyperinflation

Óscar Schlenker
May 10, 2022

Despite a new 3% tax on foreign currency transactions, Venezuela is experiencing a de facto dollarization of its economy. The adoption of the US currency helped curb hyperinflation, but it's now creating new problems.

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A general view of Munich's main train station during a nationwide strike called by the German trade union Verdi over a wage dispute in Munich

Nationwide German transport strike causes major disruptions

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