IMF: Venezuela economy to shrink 7 percent this year

Choose your FREE 6-pc Gift with any $42.50 Lancôme Purchase (Up to a $140 Value!) Shop now at! Valid 5/3 through 5/19

CARACAS, Venezuela (AP) — The International Monetary Fund is predicting Venezuela’s troubled economy will shrink by 7 percent in 2015, suffering the worst contraction in Latin America.