It may be the weekend, but that shouldn't stop you from learning. Staying knowledgeable about what is happening around the world is important in protecting and growing your wealth. In today's world, you should be fully aware that other markets can directly affect the economy in America in big ways. So today we will learn a little bit about another country and their economic status.
Venezuela is currently fighting hyperinflation, with their largest bill being worth merely 14 cents in the U.S. They are about to release bank notes in higher denominations to help curb the inflation. The development of mines and reducing dependence of oil may also help Venezuela turn their struggling economy around.
Click below to see what Bloomberg is reporting about Venezuela and their economy.