Venezuela Launches Virtual Currency, Hoping To Resuscitate Economy

Government officials are hoping to spur vitally needed imports like food and medicine and, perhaps, give investors a way of skirting American sanctions.

Topics:  american   hoping   
BING NEWS:
  • Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
    Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports.
    04/22/2024 - 6:06 pm | View Link
  • Chevron JV Launches New Drilling Campaign In Venezuela: Report
    The U.S. oil major company Chevron‘s (NYSE:CVX) joint venture with Venezuelan state-owned oil company PDVSA, Petroindependencia, launched a new drilling campaign. Notably, in October, the U.S ...
    04/2/2024 - 1:11 am | View Link
  • Joint venture of Venezuela's PDVSA, Chevron launches new drilling plan
    CARACAS, April 1 (Reuters) - Petroindependencia, a joint venture between Venezuelan state-owned oil company PDVSA and U.S.-based major Chevron has started a new drilling campaign, PDVSA said in a ...
    04/1/2024 - 1:00 pm | View Link
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