• Safi Bello

Venezuela unveils virtual currency amid economic crisis

BBC News ---------- Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis. He said the Petro would be backed by Venezuela's oil, gas, gold and diamond wealth.Opposition MPs, however, poured scorn on the plan. Venezuela's economy has been hit by falling oil revenue and the plummeting value of its existing currency, the bolivar. To learn more click on the picture below to read the article.


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