The Bloomberg Café Con Leche Index, which gauges Venezuela's inflation through the price of a cup of coffee, showed an annual inflation rate of 149,900 percent after its latest reading.
The U.S. will keep pressuring Venezuelan President Nicolas Maduro's regime through sanctions until the Latin American nation's humanitarian crisis improves, U.S. Treasury Secretary Steven Mnuchin said Wednesday night.
U.S. President Donald Trump said on Wednesday he was open to meeting Venezuelan President Nicolas Maduro if it would help the people of Venezuela, but warned that "all options were still on the table" to deal with the crisis.
The Trump administration has slapped financial sanctions on four members of Venezuelan President Nicolas Maduro's inner circle, including his wife and the nation's vice president on allegations of corruption.
CNBC's Ylan Mui reports the latest on sanctions against key figures in Venezuela including First Lady Cilia Flores.
Emanuel, a veteran of the Clinton and Obama administrations, is publicly warning that Trump may blow past the hesitation of national security advisors in search of a rally-around-the-flag political boost. He wants Congress to flash caution lights.
The Trump administration has held clandestine talks with rebellious military officers from Venezuela, The New York Times reported on Saturday.
Daniel Osorio, Andean Capital Advisors, discusses the state of the Venezuelan economy as the government devalues the bolivar to rein in rampant hyperinflation.
President Nicolas Maduro announced a new currency going into effect Monday to stop its out-of-control inflation, and it’s backed by a cryptocurrency that its own parliament says is illegal and others have called a scam.
A major currency overhaul in Venezuela is due to come into effect Monday, with critics of the move fearful it will exacerbate hyperinflation in the crisis-stricken country.
Venezuela's president Nicolas Maduro announced on Friday a single exchange rate pegged to his socialist governments petro cryptocurrency.
CNBC's Michelle Caruso-Cabrera reports the latest on the reinstatement of U.S. sanctions on Iran as well as the assassination attempt against Venezuela's Maduro.
Maduro said "everything points" to a right-wing plot that initial investigation suggested was linked to Colombia and the U.S. state of Florida, where many Venezuelan exiles live.
A leftist and a conservative candidate are heading to a run-off election to become Colombia's next president.
Ruth de Krivoy, former governor of the Central Bank of Venezuela, speaks about her country's struggling economic situation.
Oil prices fell as Russia's energy minister said a group of two dozen producer nations could soon begin easing production limits.
CNBC's Michelle Caruso-Cabrera reports that Nicolas Maduro has been 'elected' to a second six-year term as president, and what that means for the struggling country.
Diego Moya-Ocampos, principal political risk analyst for Latin America at IHS Markit, speaks about the potential for the U.S. to impose sanctions on Venezuela.
Raul Gallegos of Control Risks says Venezuelan President Nicolas Maduro's regime would have "absolutely no shame in doing what's necessary" to prevail at the polls.
Daniel Osorio, Andean Capital Advisors, discusses the potential economic outcomes for Venezuela following the potentially illegitimate presidential election where Nicolas Maduro stands to be re-elected.