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Thursday, October 29, 2015

Venezuela is running out of cash and selling its gold - Oct. 29, 2015

Venezuela is running out of money fast and has started selling its gold.



The cash-strapped country could default by next year when lots of debt payments are due. Venezuela's reserves, which are mostly made up of gold, have fallen sharply this year as the country needs cash to pay off debt and tries to maintain its social welfare programs.



Venezuela is running out of cash and selling its gold - Oct. 29, 2015

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