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Into the abyss: oil states face turmoil as climate policies bite

In Venezuela, the country with more oil than any other, shopkeepers now weigh wads of banknotes, rather than count them. This year, inflation is forecast to top 1,600%. Shortages have lead to protests and violence. The military has expanded its powers to take over, among other things, the food supply in what some observers are calling a “slow motion coup”.

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