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#Angel Alvarado

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2 posts

Enter the ‘petro’: Venezuela to launch oil-backed cryptocurrency

Published 6y ago

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the "petro" backed by oil reserves to shore up a collapsed economy. More »

Trump slaps sanctions on Venezuela- Maduro sees effort to force default

Published 7y ago

U.S. President Donald Trump signed an executive order that prohibits dealings in new debt from the Venezuelan government or its state oil company on Friday in an effort to halt financing that the White House said fuels President Nicolas Maduro's "dictatorship.... More »

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