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Venezuelan Opposition Rejects 'Economic Emergency' Decree

Venezuela's opposition refused on Friday to approve President Nicolas Maduro's "economic emergency" decree in Congress, saying it offered no solutions for the OPEC member-nation's increasingly disastrous recession. Underlining the grave situation in Venezuela, where a plunge in oil prices has compounded dysfunctional policies, the International Monetary Fund forecast an 8 percent drop in gross domestic product and 720 percent inflation this year. "The people...

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