Looting and Destruction in El Callao During Cash Shortage

Storyful Published January 13, 2017

Rumble People in the small mining town of El Callao, Venezuela, looted shops and destroyed property on December 16 due to frustration and desperation over the cash shortage in the country.

Cash is in increasingly short supply in Venezuela after the government decided to <a href="https://www.theguardian.com/world/2016/dec/12/venezuela-pulls-most-common-banknote-from-circulation-to-beat-mafia" target="_blank">replace the 100-Bolivar bill</a> to help combat gang activity, but the new replacement bills <a href="http://money.cnn.com/2016/12/15/news/economy/venezuela-new-bills-delayed/" target="_blank">have not arrived yet</a>.

In this video, the man filming says: “The people have gone crazy… it was food, people, now they’re tearing apart a shoe store.”

0 COMMENTS