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Venezuela is heading for bankruptcy, why can it happen?

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Hundreds of thousands of Venezuelans have fled abroad in search of a better life following the worsening economy of the South American country since mid-2017.

The International Monetary Fund (IMF) predicts the inflation rate in Venezuela could reach 13,000 percent in 2018.

Since January 2016, President Nicolas Maduro set an economic emergency status to overcome the severe conditions in the oil-rich country.

But until now Venezuela’s political and social conditions have become increasingly unstable. Anti-government protests expanded to a peak in mid-2017 and killed dozens of people.

Citing news from CNN, here are five reasons that can at least explain why Venezuela’s economic crisis continues to deteriorate:

  1. The fall in world oil prices

Most of Venezuela’s economy depends on petroleum commodities. At present, world oil prices have dropped to US $ 28.36 per barrel. The lowest price since the last 12 years.

The fall in crude oil prices since 2013 … Read more

3 Things You Need To Know About Trenchless Sewer Repair

If you own a residential or commercial property, you will have a lot of different aspects of that property to worry about. One of the biggest headaches can come from burst or leaking sewer systems because that can quickly ruin other aspects of the property and lead to items needing to be completely replaced instead of repaired. This is where plumbers specializing in sewer repair, trenchless or otherwise, can really be a big help.

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Time

When you are choosing which types of repair that you use, it is important to keep in mind that trenchless sewer repair can take less time than other methods. Because trenchless repair uses little to no digging and back filling, the process can take less time overall and disrupt fewer surface features such as landscaping and roadways. Even though this process saves you time, you will still receive the same quality of repair or even … Read more

Thrifty Ways to Decorate Your New Home

When moving into a new home, decorating your living area can feel like an intimidating and expensive endeavor. Use the following tips to make the process less painful on your wallet.

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Get Used Furniture

There are many used furniture options available from a wide variety of retailers. To ensure good quality items at a fraction of the price, check out retailers who specialize in used and refurbished goods. Retailers who sell used commercial items, such as pre owned office chairs and desks, can provide you with professional-quality furniture items that are made to last and can be used in many living spaces besides the home office.

Make Shelves Into Displays

Use shelving units to display various items to help set the tone in different rooms. If there is ample space that needs to be used in a room, you can install additional shelving and decorate it with a few accent … Read more

Three Things to Prepare for Your Retail Business

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Opening a retail business is a massive investment and a major life decision. Not only will you have to spend time researching the intended market, the products and services to provide, but you must also consider the physical location. There is no point in providing items or offering services if customers are not going anywhere near the location. Increase your chances for success by considering and preparing these elements for your physical store. 

HVAC System 

Whether you are keeping the customers cool during the summer, warming them up in the middle of winter, or everything in between, you will need a strong HVAC (heating, ventilation and air conditioning) system to keep the temperature of the store just right. The combination of controlled temperature and excellent air quality will encourage people to stay longer and shop. Also, do not forget to find an air filter supplier richmond to get a fitting … Read more

Understanding Your Car Wash’s Mechanics

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As a child, going to the car wash could be the most eventful part of the day. The rush of water right before the colors stream down onto the windshield may have seemed magical. The mechanics, however, are anything but magic. Anyone looking to own a car wash should understand the mechanical process and have readily available car wash repair services. The mechanics can be broken down into four main areas: entering the wash, washing, rinsing, and drying.

Entering the Wash

To usher cars into the wash area, most car washes use a conveyor track to guide the car through. There are two options for conveyor tracks, front-wheel pull and rear-wheel push, which determines how the track will move the car. After the car passes an infrared sensor, the digital control system takes over and cues the wash sequence.

Washing

An array of small nozzles spray a water and … Read more

Publish How To Choose The Right Buffer Publish Plan

Business PlansLivePlan tells you exactly what sort of monetary data that you must enter and then it does all of the calculations automatically utilizing built-in formulas. So you end up with razor-accurate monetary statements that embrace all of the tables that a lender or investor expects to see.

This model, from Dr. Helen Mongan-Rallis, does a wonderful job of offering steerage on the fundamental parts in this sort of lesson plan. Most of the lesson plans you see on-line comply with some variation of this template. The Alabama Learning Exchange (ALEX) has many outstanding examples of lessons using the Madeline Hunter template. Business development organizations and Canadian banks have free templates, writing guides, sample plans, and even interactive instruments out there on-line. These resources will let you walk by a plan line by line. You will get a sense of the data you is perhaps requested to offer if you end … Read more