The town of Maicao, in Colombia's Guajira Desert, just a few miles from the Venezuelan border, used to be jammed with visiting Venezuelans snapping up TVs, computers and 12-year-old Scotch. On good days, Jaider Heras, who owns a liquor warehouse, sold up to 300 cases of whisky and rum. But amid Venezuela's worst economic crisis in modern history, Heras is struggling.
Venezuelans' buying power has evaporated because of the collapse in the currency, the bolivar. The 100-bolivar note, the largest denomination, is now worth about 6 cents.