President Nicolas Maduro announced a new strategy to restore the economy in Venezuela. The plan includes a 3,000 percent increase in the minimum wage and strict price regulations for more than 20 food products. The higher wages and price restrictions have forced some stores to close. But the government says store owners who don't comply with the economic plan will be sent to jail. Adriana Núñez Rabascall reports.
Aid money urgently needs to be redirected to the poorest countries in order to reach the United Nations' goal of ending extreme poverty by 2030, according to a new report. The Overseas Development Institute says that currently, middle-income countries receive more aid than the 30 poorest nations and warns at least 400 million people will still be living on less than $1.90 a day, despite governments pledging to eliminate all extreme poverty. Henry Ridgwell reports.
New York, one of the world's fashion capitals, goes all out for eight days every September with an extravaganza of runway shows known as Fashion Week. For the designers, it is a prime opportunity to exhibit their creations. And as Laura Sepulveda reports, for the city, it is a major source of revenue.