Both China and Russia have extended massive credits to Caracas.
Read More »Almost 130 Countries Desired for Venezuela`s Oil-Backed Cryptocurrency
Petro is the future of Venezuela and the world.
Read More »Maduro to Recover 70 Percent of Oil Output Decline
Venezuela’s oil production dropped by nearly 13 percent last year.
Read More »Iran to Develop Own Cryptocurrency
Venezuela'.s economy has been reeling under pressure of the US sanctions. falling oil revenue and the plunging value of its currency. the bolivar.
Read More »Venezuelan State Oil Firm Use National Cryptocurrency
The petro is backed by the country’s oil. gas. gold and diamond reserves.
Read More »Venezuela Launches `Petro` Amid US Sanctions
Venezuela has allocated five billion barrels of oil to back its cryptocurrency.
Read More »Maduro Propose to Oil Producing States Cryptocurrency Mechanism
Venezuela has allocated five billion barrels of oil to back its cryptocurrency.
Read More »USA. Argentina may Impose Venezuela Sanctions
The governments were analysing the possible effects that these measures would have on Venezuelan citizens.
Read More »U.S. Considers Raising Sanctions on Venezuelan Oil to Pressure Maduro
Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »China Rejects U.S. Criticism of Relations with Venezuela
Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.
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