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Nike Zoom Pegasus 31 Hot Sell - Bonds slip, foes gripe at Maduro's Venezuela economic changesByReuters Published: 14:48 GMT, 22 January 2015 | Updated: 14:48 GMT, 22 January 2015 By Andrew CawthorneCARACAS, Jan 22 (Reuters) - Venezuelan bonds edged down onThursday while opponents lampooned economic changes by PresidentNicolas Maduro that included a seeming devaluation of thecurrency and an Nike Zoom Pegasus 31 Hot Sell imminent rise in domestic gasoline prices.Under pressure over the OPEC member's recession, productshortages and plunging oil revenues, Maduro has opted to keep acomplex three-tier currency control system, though bands havebeen shifted to ensure more dollars are sold at higher levels.In an annual speech to parliament on Wednesday night, HugoChavez's successor also Nike Zoom Pegasus 31 Hot Sell bit the bullet on thepolitically-sensitive subject of fuel prices, currently thecheapest in the world, saying a rise was inevitable this year.Economists had been recommending changes on both issues.But without price specifics on either, or any majorstructural changes to the socialist model, Maduro's critics saidhe had not done enough to rescue a Nike Zoom Pegasus 31 Hot Sell shrinking economy and combatshortages plaguing Venezuela's 30 million people. Today more than ever, we have to unite all Venezuelans toget out of this crisis, opposition leader Henrique Caprilessaid, mocking Maduro as a pirate and liar and urging peopleto rally on the streets against him in coming days.In early trading, Venezuelan debt Nike Zoom Pegasus 31 Hot Sell slipped slightly.The benchmark Global 2027 was off 0.35 pointsto yield 28.242 percent.Venezuela's lively Twitter scene was abuzz with debate, andsome ridicule, over Maduro's most headline-grabbing phrases,including his reassurance that God will provide in the face ofoil revenues that have plunged by more than half.POLITICAL STAKES Crucify me, kill me if you Nike Zoom Pegasus 31 Hot Sell want! the 52-year-old presidentalso defiantly said, in reference to a possible rise in gasolineprices, something of a sacred cow in Venezuelan society wherepeople can fill up for less than $0.02 a liter.A 1989 fuel hike by then president Carlos Andres Perezinfamously sparked the Caracazo riots killing hundreds.With his popularity falling, an Nike Zoom Pegasus 31 Hot Sell important parliamentaryelection looming later this year, and foes gleefully forecastingthe imminent end of Chavismo , Maduro told Venezuelans popularwelfare programs would not only be maintained but expanded.Many government supporters fear opposition politicians wouldtake free health clinics and subsidized food away from them.The president, whose supporters are due to rally on Fridaywhile Nike Zoom Pegasus 31 Hot Sell opponents have called a march for Saturday, predicted a10-percentage point win in the vote for a new parliament.In a recognition of hardship on the streets, Maduro alsoannounced a 15 percent rise in the minimum wage.But he was far less specific on the all-important currencychanges, saying the strongest rate of 6.3 bolivars Nike Zoom Pegasus 31 Hot Sell per dollarwould be kept for essential food and medicine imports, while twoCentral Bank rates would be merged, and a third freer band wouldbe created to compete with the black market for greenbacks.Maduro did not say at what levels those second and thirdtiers would operate, but Venezuelans assumed they would behigher than Nike Zoom Pegasus 31 Hot Sell the current ones of about 12 and 50 bolivarsrespectively - effectively representing a devaluation.Dollars go for about 177 bolivars on the black market. It's an implicit devaluation, which was necessary but it'snot enough, said local pollster and economist Luis VicenteLeon, whom Maduro referred to several times in his speech as animportant Nike Zoom Pegasus 31 Hot Sell opinion-former in Venezuela. The moving of currency to higher rates is positive fordeficit control, import reduction and private oil production ...But the magnitude of the crisis and fall in revenues is so greatthat the expected impact of the measures looks insufficient. Many Venezuelans fear Maduro's announcements will stokeinflation which, at 64 Nike Zoom Pegasus 31 Hot Sell percent last year, is already the highestin the Americas. The economy contracted 2.8 percent in 2014.According to U.N. estimates, Argentina is the only othercountry in Latin America whose economy was seen contracting lastyear, though by less than Venezuela. (Editing by Alexandra Ulmer and Nick Zieminski) .

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