Venezuela’s ‘Two Realities’: People With Dollars and Those Without

United States News News

Venezuela’s ‘Two Realities’: People With Dollars and Those Without
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

How growing use of the dollar in Venezuela is feeding inequality

CARACAS—Venezuela is run by an anti-American, socialist government. But the country increasingly relies on a potent symbol of American capitalism: The U.S. dollar.

The trend is sparking a growing inequity between Venezuelans with dollars and those stuck with an increasingly worthless local currency, the bolivar. The divide was clear during a recent national blackout. With no debit card machines working, and few people carrying the vast quantities of bolivars needed to buy goods, the greenback became the primary means of...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Two tropical cyclones, comparable to hurricanes, are about to strike AustraliaTwo tropical cyclones, comparable to hurricanes, are about to strike AustraliaThe storms, Trevor and Veronica, are expected to bring damaging winds, flooding rain, and a dangerous storm surge on opposite ends of Australia's northern coast.
Read more »

Two Indiana officers indicted for allegedly beating a handcuffed manTwo Indiana officers indicted for allegedly beating a handcuffed manThe officers allegedly repeatedly struck the man in the face, causing him to fall backwards, then continued to punch him repeatedly while he was handcuffed on the floor.
Read more »

How public perception of Mueller changed over his two-year investigationMueller’s investigation lasted nearly two years. Here’s how public perception of how he was handling it changed.
Read more »

Republican Matt Gaetz compares Mueller report to Jussie Smollett case: 'Two Nigerian men in MAGA hats'Republican Matt Gaetz compares Mueller report to Jussie Smollett case: 'Two Nigerian men in MAGA hats''Turns out all along it was two Nigerian men in MAGA hats who hacked the DNC & rode shirtless on horseback w Putin to mar-a-lago,” Representative Matt Gaetz tweeted.
Read more »

Bill Maher riffs on Mueller report: 'Individual One is in deep number two'Bill Maher riffs on Mueller report: 'Individual One is in deep number two''Individual One is in deep number two,' says Bill Maher in response to news about end of Mueller investigation
Read more »

Two U.S. troops killed in Afghanistan, NATO coalition saysTwo U.S. troops killed in Afghanistan, NATO coalition saysThe deaths of the American service members come at a time of intensified peace talks
Read more »

Two U.S. Troops Killed in Afghanistan OperationTwo U.S. Troops Killed in Afghanistan OperationThe deaths strike international forces as fighting rages across Afghanistan and U.S. and Taliban negotiators seek agreement on a timetable for the withdrawal of foreign forces.
Read more »

Two U.S. service members killed in Afghanistan, as peace talks drag onTwo U.S. service members killed in Afghanistan, as peace talks drag onThe incident is under investigation, the NATO mission in Afghanistan has said.
Read more »

Shelter-in-place orders lifted in two Texas cities after massive chemical fireShelter-in-place orders lifted in two Texas cities after massive chemical fire“I never felt like this before”: Texas residents say they are experiencing health issues following a chemical plant fire.
Read more »



Render Time: 2025-02-24 23:21:36