Venezuela president Nicolás Maduro declares state of emergency
Emma Graham-Harrison 14 May 2016 20.17 BST - theguardian
Maduro’s Friday night declaration of a 60-day state of emergency comes after a week that saw demonstrations for a recall vote escalate into violence, with protesters hurling stones and police firing teargas.
His biggest problem is the economy, which contracted last year and is forecast to shrink by a further 8% this year. Inflation is already in triple digits and expected to soar over 700% this year, which could leave the government too cash-strapped to even pay for printing new money.
http://www.theguardian.com/world/2016/may/14/venezuela-maduro-emergency-powers
Emma Graham-Harrison 14 May 2016 20.17 BST - theguardian
Maduro’s Friday night declaration of a 60-day state of emergency comes after a week that saw demonstrations for a recall vote escalate into violence, with protesters hurling stones and police firing teargas.
His biggest problem is the economy, which contracted last year and is forecast to shrink by a further 8% this year. Inflation is already in triple digits and expected to soar over 700% this year, which could leave the government too cash-strapped to even pay for printing new money.
http://www.theguardian.com/world/2016/may/14/venezuela-maduro-emergency-powers
