Latest Venezuela News

Maduro proves he has no concept of economics
Business 16 January 2019

Maduro proves he has no concept of economics

Venezuela, led by a former bus driver who took over power following the exit of the country’s former dictator, has not done much to show that the man is capable of handling much more than a steering wheel.

Venezuela wants OPEC to accept the Petro as a unit of measurement for oil
Business 13 November 2018

Venezuela pushes for Petro as unit of measurement for oil

Despite not having a stable economy upon which to build its national cryptocurrency, it is working diligently to have Petro seen as a viable cryptocurrency – although most indications are that it will never truly get off the ground.

Venezuela’s Petro goes on sale
Business 1 November 2018

Venezuela’s Petro goes on sale

The Venezuelan Petro has officially launched this week, after being made available for fiat and crypto purchases for the first time.​