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Venezuelans flee hyperinflation and shortages of basic needs going over the Colombian mountains at 12,000 feet in an unprecedented migration. About 3 million refugees fled Venezuela in recent years.
Venezuelans flee hyperinflation and shortages of basic needs going over the Colombian mountains at 12,000 feet in an unprecedented migration. About 3 million refugees fled Venezuela in recent years.
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The inflation rate of 8% in India limits the new Modi government's ability to increase the growth rate without creating price pressures. The current account deficit was brought down to 1.7% in the last fiscal year from 4.7% for the prior year, by curbing imports of gold and reducing imports of manufactured goods. It is being financed by uncertain portfolio inflows in the second quarter for 2014.
The inflation rate of 8% in India limits the new Modi government's ability to increase the growth rate without creating price pressures. The current account deficit was brought down to 1.7% in the last fiscal year from 4.7% for the prior year, by curbing imports of gold and reducing imports of manufactured goods. It is being financed by uncertain portfolio inflows in the second quarter for 2014.
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