Category: International News

As of right now, Venezuela’s hyperinflation has officially surpassed the Weimar Republic’s, where the highest recorded monthly inflation was a timid 29,500% (resulting in prices doubling ever 3.7 days).

“Russia has prioritized the development of advanced cruise missiles capable of holding targets within North America at risk from distances not previously seen.” – NORAD commander

Trade protectionism means less demand, and history suggests the shipping industry will struggle to make the necessary supply cuts. Maersk, which is based in Copenhagen, has already lost almost a third of its market value this year as investors gird for more bad news.

In June, Venezuela’s annual inflation hit 46,305% as the crisis-stricken nation’s hyperinflation continues to accelerate amid a broader economic collapse. Putting this inflation in monetary equivalents, one million bolivars is currently the equivalent of a mere 29 cents.

For four nights straight, there have been riots between African migrants and the French police in the city of Nantes. The riots began after the police stopped and shot an alleged criminal, named Abubakar – initially claiming it was self-defense, then later admitting it was an accident.