Smuggling Soars as Venezuela's Economy Sinks

Girish Gupta, Reuters
In interviews with scores of smugglers and visits to more than a dozen sites - from the western village of Boca del Grita to the eastern port of Guiria and the borders with Brazil and Guyana - Reuters saw evidence of widespread unchecked smuggling. President Nicolas Maduro's government says the illicit trade is worth more than billion a year and is bleeding Venezuela dry with 30 percent of imported food, 40 percent of all goods and 100,000 barrels of oil per day smuggled out.