Finance The president of Venezuela, Nicolas Maduro, has introduced the top of the pre-sale for the Petro, the nation’s “cryptocurrency”. He claims it has raised the equal of over three billion dollars. Maduro has additionally licensed 16 crypto exchanges he hopes will begin itemizing his nation’s new foreign money. Also learn: Yahoo! Japan […]
The authorities of Venezuela has turned to the world of cryptocurrencies to be able to attempt to revive its ailing financial system and escape each crippling money owed and U.S. sanctions. The resource-rich nation has become a one thing of a digital asset pioneer by issuing a cryptocurrency formally backed by the state. The Petro […]
Talks set with Russia over restructuring, Moscow says SOURCE: Oil & Gas – Read complete story here.
Hurricane Harvey is a nonetheless evolving state of affairs however the actual story stands out as the U.S. turning the screws on Venezuela, bringing default nearer. It has all been about Hurricane Harvey this morning as oil markets digest the influence of the storm on U.S. manufacturing and refining capability. It seems that flooding is a serious […]
Bond buyers face rising moral storm after Credit Suisse limits buying and selling SOURCE: Oil & Gas – Read whole story here.
Authored by Brandon Smith via Alt-Market.com, If you need to define the quite a few failures of ideological and financial socialism, simply identify any socialist nation and you’re positive to uncover an countless provide of examples. In reality, many nations the place socialism isn’t complete however making appreciable inroads typically endure from extreme decline — […]
The company world has both deserted or sued the nation, says John Dizard SOURCE: Oil & Gas – Read complete story here.
Rosneft hyperlink to Citgo deal hampers Washington efforts to place sanctions on Caracas SOURCE: Oil & Gas – Read complete story here.
The U.S. authorities has warned that it might take “swift economic actions” if the Venezuelan authorities proceeds with a July 30 transfer to rewrite the structure to consolidate energy within the arms of President Nicolas Maduro. With the nation in shambles, the transfer is clearly meant to shore up the President’s energy within the face […]
Trump administration raises strain on Caracas over plan to re-write structure SOURCE: Oil & Gas – Read whole story here.