Signs reading “I'm buying dollars” line the doors of Víctor Vargas’ shoe shop in the heart of Bolivia’s biggest city, a desperate attempt to keep his family business alive. Just a few years ago, the 45-year-old Vargas would unlock the doors at 8 a.m. to a crush of customers already waiting to buy tennis shoes imported from China. Bolivians like Vargas have been hit hard by economic turmoil in the small South American nation fueled by a longtime hyper-dependence on, and now shortage of, U.S. dollars.
The Chicago Bears are excusing Jonathan Owens from a few days of training camp so he can go support Simone Biles at the Paris Olympics.
Asian stocks were mostly higher on Monday after Japan and China reported data reflecting relatively sluggish growth for Asia’s two largest economies.