Dec 24, 2017

Venezuela's dark Christmas

Mormons sing Christmas carols at Venezuela Square in Caracas. Photo: Fernando Llano / AP

Venezuela sits atop the world's largest oil reserves. But a crash in global crude prices, combined with incompetent government, has sent the economy into free fall and sparked social unrest.

No money for presents: "How hyperinflation stole Christmas in Venezuela," the WashPost reports in a front-pager. "Just before Christmas, the world's worst inflation crisis in nearly a decade was escalating β€” bringing a country of nearly 32 million, once Latin America's richest per capita, to its knees."

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California coronavirus: Woman in new case did not recently travel overseas

Gov. Gavin Newsom. Photo: Kevork Djansezian/Getty Images

A new case of the novel coronavirus in California was announced on Friday after Gov. Gavin Newsom said Thursday that 33 people had tested positive for the virus, noting the risk to the public remains low.

What's new: An adult woman with chronic health conditions in Santa Clara County who "did not recently travel overseas" or come into contact with anyone known to be ill was confirmed to have contracted the coronavirus on Friday by CDC and California Department of Public Health officials.

Go deeperArrowUpdated 9 mins ago - Health

Big video game conference delayed amid coronavirus concerns

Photo: GDC

Next month's Game Developers Conference in San Francisco became the latest tech event to be cancelled or postponed amid growing concerns over the spread of the novel coronavirus.

The big picture: A growing number of events are being scrapped, including Mobile World Congress and Facebook's F8 developer conference. Some, like the giant SXSW event in Austin, insist they are moving forward.

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