Venezuela’s Chavismo Blocks Dollarization Push as Power Cuts Bite

Venezuela's chavista-led National Assembly has moved to shut down a legislative push to dollarize the economy, stripping deputy Antonio Ecarri of a key post days after he unveiled a plan drafted with US economist Steve Hanke. The decision lands as a new round of electricity rationing bites and as the government courts foreign capital for oil. The post Venezuela’s Chavismo Blocks Dollarization Push as Power Cuts Bite appeared first on The Rio Times .