December 2016 Current Affairs

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August 2016 Current Affairs
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Venezuela president extended economic emergency to protect citizens from economic warfare

Venezuela president extended economic emergency to protect citizens from economic warfare
15 March 2016 Current Affairs: Venezuela President Nicolas Maduro on 14 March 2016 declared a two-month extension on emergency powers meant to help shore up the country's crippled economy.The declaration will bestow more time on the government of President Nicolas Maduro to intervene in the market, boost productivity and redress a flagging financial sector.It will also allow the government to take more anti-crisis measures to reduce fiscal moratorium and to tap up funds from the 2015 budget to address short-term social needs.The extension will bring in measures to enhance positive impacts on the national economy. These include actions on healthcare, nutrition, education, employment.Venezuela has the biggest known oil reserves in the world but has suffered from the plunge in world oil prices since mid-2014. The official inflation rate topped 180 percent in 2015 which is one of the highest in the world. Non-government economists estimate the real rate is several times higher.The Venezuelan government declared a state of economic emergency on 16 January 2016. It was to last for 60 days, in order to lead a transformation of the country's beleaguered economy.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
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25 AUG
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