Arelis Morales, 30, and her husband Jose's aunt talk at the Monasterio de Trandeiras, Xinzo de Limia, Spain. Until January, Jose Martinez and his wife Arelis Morales were in the eye of Venezuela’s political storm: he worked for an opposition leader, she advised human rights groups.
According to the data released by the Central Statistics Office (CSO), the Index of Industrial Production (IIP) expanded by just 1.7 per cent in January, significantly down from 7.5 per cent growth in the year-ago month. read more
Yaneidi Guzman poses for a picture at her home in Caracas, Venezuela. Guzman has lost a third of her weight over the past three years as Venezuela’s economic collapse made food unaffordable and she now hopes the opposition will succeed in bringing urgently needed foreign aid to the South American country.
There’s no guarantee that true change is imminent. Maduro has proven his staying power again and again, mainly because Venezuela’s military has yet to decide that keeping him is costlier and more risky than packing him off into exile. read more
Unless, India finds a way to stabilise vegetable prices — despite their low weight, vegetables have been the biggest contributor to change in food inflation — stabilising food inflation will remain a challenge. read more
Major equity indices traded in the red throughout the day on Monday ahead of the key macro-data release on Tuesday, with Sensex closing 150 points lower, while the Nifty ended below the 10,900-point mark. read more
While welcome, the central bank’s move to cut its policy rate by 0.25 percentage point, is a gamble of sorts. Or actually, three gambles, a radical development for an organisation that rarely, if at all, takes chances. read more