The economic catastrophe in Venezuela is getting deeper because of the hyperinflation and the lack of vital products.

The International Monetary Fund (IMF) had predicted that inflation in Venezuela will hit 720% this year while LA Times reported that according to some local economic analysts, the inflation rate might increase even more. In the meantime, CNN Money reported that Venezuela is running out of food and medicines.

“There's a shortage of everything at some level,” Ricardo Cusanno,...

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