Sunday, December 18, 2016

Hundreds arrested in Venezuela cash chaos, vigilantes protect shops

Security forces have arrested more than 300 people during protests and lootings over the elimination of Venezuela's largest currency bill, President Nicolas Maduro said on Sunday.

The socialist leader pulled the 100 bolivar note this week before new bills were in circulation, creating a national cash shortage on top of the brutal economic crisis overshadowing Venezuelans' Christmas and New Year holidays.

After two days of unrest over the measure - including one death and dozens of shops ransacked - Maduro on Saturday postponed the measure until Jan. 2 ....