Venezuela's Hyperinflation & Galician Homecoming
Venezuela - Hyperinflation
Imagine living in a country where the price of everything doubles every 18 days; where in one year, the price of anything can rise well above 1,200 percent. That's been the recent reality for Venezuelans, whose economy has been ravaged by the fall in the global price of oil, declining productivity and political turmoil. Stephen Gibbs portrays the cases of three locals on their daily struggle. To discuss Venezuela's current economic landscape, we are joined by Temir Porras, a foreign policy specialist who served for 10 years as presidential assistant to the late Hugo Chavez.
Mexico - Galicia Homecoming
In a remote corner of Galicia, a coastal province in Northwestern Spain, summer signals a huge influx of people. But not all of them are tourists who have come to enjoy the sun. Many, in fact, have come for funerals. For generations, thousands of Galician families have left home to find riches in Mexico, as well as the rest of Latin America. But no amount of money they find is enough to replace their final wish: to be buried in the land they were born. Correspondent Gerry Hadden reports on the bonds that keep those who spend a lifetime in Latin America, bound to the place they once called home.
Bolivia - Fortune Festival
Finally, we introduce you to Ekeko, the Pre-Columbian God of Prosperity whose miniature statue can be found in almost every home in Bolivia. He is said to bring wealth, hope and happiness. Every year, Bolivians take to the streets to buy him tiny offerings. We leave you this week with images of the Alasitas Festival, where gifts for Ekeko - the god of Abundance - abound.