Venezuela Imploding and world media talks about ....

Caracas (AFP) - Crisis-hit Venezuela devalued its currency by 64 percent in a dollar auction that aimed to stabilize its foreign exchange market, officials said Wednesday.

Under an overhauled official exchange system, the government let investors bid for the dollars at a new higher rate in what President Nicolas Maduro said was an effort to undermine the black market.

But its great our media spend so much time on an inevitable and catastrophic collapse in Venezuela.

So responsible.