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Montevideo, March 19th 2019 - 04:08 UTC

Venezuelan currency devalued again

Monday, January 3rd 2011 - 05:11 UTC
Full article 11 comments

Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to spur local production in the largely import-dependent nation, the announcement followed a central bank estimate that the economy contracted 1.9 percent during 2010 - Venezuela's second straight year of recession. Read full article


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  • Think

    Anti “Communist” Anglo Ranting.......

    Quite Funny...... :-)

    Jan 03rd, 2011 - 12:24 pm - Link - Report abuse 0
  • fredbdc

    He can keep devaluating until Venezuela ends up like Zimbabwe and who will care? NOBODY.
    Great addition to the MercoSur a failing country with a dictator, could there be anything more laughable?
    Oh yeah CFK is following right behind, $4.5o peso next year I hear...what is a laptop going to cost then 5 months of avg wages or 6?

    Jan 03rd, 2011 - 02:55 pm - Link - Report abuse 0
  • Think

    Anti “Communist” Anglo Ranting II.......

    Even Funnier...... :-)

    Jan 03rd, 2011 - 03:08 pm - Link - Report abuse 0
  • fredbdc

    Hilarious Pernonism:

    Jan 03rd, 2011 - 04:17 pm - Link - Report abuse 0
  • Typhoon

    So nice to see the “success” of Chavez' Bolivarian Revolution. Go for it, Hugo. You are such a funny little South American prat.

    Jan 03rd, 2011 - 08:56 pm - Link - Report abuse 0
  • xbarilox

    This is so funny, a communist playing “el patriota”. since when communists are patriots? haha Even funnier the fact that communists feel so related to Perón, when Perón was a fascist and a nazi. he was not a communist, he was not a socialist, he was a fascist and a nazi. Perón didn't like Bolivians, for example, Cristina loves Bolivians, that's not Peronist! Perón hated the bolivian people, he was a racist. He didn't like the Communists, I can't imagine Perón and Che Guevara doing things together, like sharing a tereré haha
    that left-wing president Perón never existed. But don't tell this to people, make them believe that Perón and Evita were God and Goddess of the poor people of Argentina haha

    Perón and the Nazis

    Jan 03rd, 2011 - 10:15 pm - Link - Report abuse 0
  • arquero

    # 7 ..then what were the reasons of military coups ?

    youtube tells anything about them ?

    Jan 04th, 2011 - 10:43 am - Link - Report abuse 0
  • xbarilox

    @8 Maybe it's because while fascists and nazis are not pro-capitalism, those behind the military coups were. Hey, but I know that you are one of those kirchnerists who think that Videla, for example, was a fascist, lol. They told you a different story about Perón and Evita and you liked it, but that's your fault, if you like fascists and nazis, go ahead and keep believing in fairytales :) Pigna will make you believe in anything :)

    That guy in the video is Perón, but you may like it or not :)

    Jan 04th, 2011 - 08:39 pm - Link - Report abuse 0
  • yul

    (#) 9 .. the race is fundemental determinant for human ,
    you change your everything that name,wear,nationality,...even sex
    but you can not change your race .

    Jan 04th, 2011 - 08:45 pm - Link - Report abuse 0
  • xbarilox

    @ 10 will you stop drinking for once in your life? what the hell are you talking about? Who is saying something about changing a race? Yul, you have been commenting on people from Palestina, saying that they're not Arab but they're Jews haha. You talk about things that no one is talking about hahaha You can read English... I'm not so sure about that, but you're as out of place as a tit in the middle of the forehead haha

    Jan 04th, 2011 - 08:56 pm - Link - Report abuse 0
  • yul

    (#)11 thanks ,I don't take drug and alcohol .
    talking about everyone known is true everytime ?..No !

    merely ignorants would believe propaganda machine.
    merely ignorants would believe formal history.

    don't forget that you can change your everything but your race never !

    Jan 05th, 2011 - 10:15 am - Link - Report abuse 0

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