Venezuela cuts five zeros from currency as economic plan sows confusion

Venezuela cuts five zeros from currency as economic plan sows confusionCARACAS/VALENCIA, Venezuela (Reuters) – Venezuela on Monday slashed five zeros from prices as part of a broad economic plan that President Nicolas Maduro says will tame hyperinflation but critics call another raft of failed socialist policies that will push the chaotic country deeper into crisis. Streets were quiet and shops were closed due to a national holiday that Maduro decreed for the first day of the new pricing plan for the stricken economy, which the International Monetary Fund has estimated will have 1 million percent inflation by year end. The price change comes with a 3,000 percent minimum wage hike, tax increases meant to shore up state coffers and a plan to peg salaries, prices and the country’s exchange rate to the petro, an elusive state-backed cryptocurrency.


Source: Yahoo! News

Venezuela cuts five zeros from currency as economic plan sows confusion

Venezuela cuts five zeros from currency as economic plan sows confusionStreets were quiet and shops were closed due to a national holiday that Maduro decreed for the first day of the new pricing plan for the stricken economy, which the International Monetary Fund has estimated will have 1 million percent inflation by year end. The price change comes with a 3,000 percent minimum wage hike, tax increases meant to shore up state coffers and a plan to peg salaries, prices and the country’s exchange rate to the petro, an elusive state-backed cryptocurrency.


Source: Yahoo! News

Trump tweets on California wildfires spark confusion, debate

Trump tweets on California wildfires spark confusion, debateBy Steve Gorman LOS ANGELES (Reuters) – Fire authorities insisted on Monday that they have ample water supplies to fight California’s devastating wildfires, contrary to U.S. President Donald Trump’s tweets that unspecified water diversions to the Pacific were making matters worse. Officials from the California Department of Forestry and Fire Protection (CalFire) and the National Interagency Fire Center in Boise, Idaho, stressed that wild-land blazes are battled primarily by crews hacking away at dry brush with hand tools and bulldozers, not with water. “Yes, we have plenty of water,” CalFire Chief Scott McLean said by telephone, adding that the two largest blazes in California this week – the Carr Fire and the Mendocino Complex Fire – were each ringed by at least three major reservoirs.


Source: Yahoo! News

DICE Clarifies Confusion Surrounding Battlefield V Grand Operations' Availability at Launch

  1. DICE Clarifies Confusion Surrounding Battlefield V Grand Operations’ Availability at Launch  PlayStation LifeStyle
  2. EA clarifies that Battlefield 5’s multiplayer modes will be playable at launch  SlashGear
  3. Battlefield 5’s Grand Operations Won’t Be Available At Launch [Update: EA Says It Will Be Playable On Release]  GameSpot
  4. Full coverage


Source: Google News -Technology

Trump's go-it-alone immigration strategy ends in chaos, confusion

  1. Trump’s go-it-alone immigration strategy ends in chaos, confusion  CNN
  2. Trump admin discussed separating moms, kids to deter asylum-seekers in Feb. 2017  NBCNews.com
  3. Confusion continues as immigrant children remain separated from parents  ABC News
  4. Trump’s immigration policies might not help Democrats in November elections  USA TODAY
  5. Full coverage


Source: Google News

Arguments, confusion, second-guessing: Inside Trump's reversal on separating migrant families

  1. Arguments, confusion, second-guessing: Inside Trump’s reversal on separating migrant families  Washington Post
  2. Trump admin discussed separating moms, kids to deter asylum-seekers in Feb. 2017  NBCNews.com
  3. Immigrant children in custody at border will be reunited with families by end of day  CBS News
  4. President Trump, Deal Maker? Not So Fast  New York Times
  5. Full coverage


Source: Google News