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Venezuela Economy Growing as Oil Flows…

(Bloomberg) — Venezuela’s economy is forecast to expand at its fastest pace in 15 years, marking a rebound for a country that recently emerged from the deepest recession in Latin America.Most Read from BloombergGross domestic product is expected to grow 8.3% this year, from 1.9% in 2021, according to a Bloomberg survey of five economists. The country is getting a lift from a rise in oil production and seeing tax revenue and banking credit expand, which suggests domestic demand is rising.Economists had forecast growth of 5.2% as of December. The central bank hasn’t published official GDP data since 2019.To be sure, the economy is a sliver of what it once was. A seven-year recession that ended in 2021 and was marked by bouts of hyperinflation and a migration crisis has left the country hollowed out. Over the past decade, gross domestic product shrunk to around $49 billion from $352 billion in 2012, according to the Inter …

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U.S. National Debt

The current U.S. national debt:
$34,573,199,545,841
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