Into the abyss: oil states face turmoil as climate policies bite
January 4, 2017
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In Venezuela, the country with more oil than any other, shopkeepers now weigh wads of banknotes, rather than count them. This year, inflation is forecast to top 1,600%.
Shortages have lead to protests and violence. The military has expanded its powers to take over, among other things, the food supply in what some observers are calling a “slow motion coup”.