Venezuela's President Nicolas Maduro (C) arrives for a meeting with ministers next to his wife and deputy of Venezuela's United Socialist Party (PSUV) Cilia Flores (L) and Venezuela's new Vice-President Tarek El Aissami, at 4F military fort in Caracas, Venezuela January 4, 2017. Miraflores Palace/Handout via REUTERS
CARACAS (Reuters) - Venezuelan President Nicolas Maduro on Wednesday shuffled his cabinet by naming a new economy czar to oversee the OPEC country's decaying socialist system and a new oil minister to confront the economic difficulties caused by low oil prices.
The country is suffering from triple-digit inflation, Soviet-style production shortages and increasing street protests as a combination of dysfunctional state controls and low oil prices. Maduro says he is the victim of an "economic war."
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