2014-02-13 13:55:18
Φωτογραφία για Οι συναλλαγματικοί περιορισμοί στη Βενεζουέλα εξαφανίζουν το χαρτί...
Strict currency controls that experts say have crippled economy are preventing publishers from importing newsprint

For the editors of Venezuela's oldest newspaper, going web-only is not a commercial strategy to reflect dwindling circulation figures. El Impulso halved its print edition from four sections to two in October, and on Friday it will be reduced to one – because the regional daily is simply running out of paper.

A woman holds up a sign reading 'No paper, no jobs' during a protest by newspaper workers in Caracas. Photograph: Carlos Garcia Rawlins/Reuters

The lack of newsprint comes amid a wave of shortages in Venezuela over the past year that have left people scrambling to find anything from toilet paper to cooking oil and car parts.

The shortages have been blamed on strict currency controls put in place more than a decade ago to prevent the flight of capital. Experts say the controls have crippled the economy and led to inflation reaching 56%, the highest in the world.

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