Venezuela's inflation to reach 1,000,000%, IMF forecasts
Inflation in Venezuela could top 1,000,000% by the end of the year as the country faces its worst economic crisis, the International Monetary Fund has said. Comparing the crisis to that of Germany in 1923 or Zimbabwe in the late 2000s, the IMF said, "The collapse in economic activity...will lead to intensifying spillover effects on neighbouring countries."