All Posts Tagged With: "Venezuela"

Over Four Million Toys Seized by Venezuelan Authorities

Bicycles, play sets, dolls and other toys were amongst the close to 4 million toys seized by the government of Venezuela. The toys are now going to be sold at steep discounts after a government regulator said a big toy distributor hoarded the 4 million toys in an attempt to increase the price. Girls and […]

Venezuela Paying Debts by Shipping Gold

So that it can pay debt, Venezuela has started to ship gold to Europe. In mid January, Venezuela sent gold bars worth over $1.3 billion to Switzerland according to Swiss Federal Customs administration data. The gold was sent only weeks prior to two large debt payments that were due in February that totaled $2.3 billion. […]