In Venezuela: a bad week, a bad economy

It’s been a turbulent week in Venezuela. On Wednesday, the government ordered cable operators to take the Spanish-language version of CNN off the air, after objecting to its reporting. Last Monday, the U.S. government imposed sanctions on Venezuela’s vice president, calling him a “drug kingpin.” But perhaps the biggest headache for Venezuela is the dire state of the nation’s economy, which has suffered from falling oil revenues and rampant inflation.  

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