Venezuela sees 1st fuel price hike in 20 yrs
Venezuela on Wednesday announced the first rise in petrol prices in 20 years, and a sharp devaluation of the currency. Price for 95 octane gasoline will jump 6,086%, from 0.097 bolivars to 6 bolivars. The move is aimed to shore up the failing economy, hard hit by falling oil prices, which make up 95% of foreign income.