As Washington is determined to leave the landmark INF Treaty, it seems Moscow is looking for a response. Russian media has cited diplomatic sources as saying that Moscow is eyeing a strategic air base off Venezuela’s coast. The arrival of two Russian Tu-160 strategic bombers to Venezuela earlier this month has provoked a nervous reaction […]
Tag: Venezuela's
Venezuela's Maduro announces new minimum wage, exchange rate tied to petro cryptocurrency
Venezuelan President Nicolas Maduro has announced the plan to tie the national currency’s exchange rate to the state-launched cryptocurrency petro. The country’s new and increase minimum wage will also be anchored to the petro. Maduro said the petro would be valued at $ 60 or 3,600 sovereign bolivars after the redenomination planned for August 20 […]
In post-attack speech, Venezuela's Maduro blames right-wingers & Colombia
Venezuelan President Nicolas Maduro, speaking shortly after an attempted attack during his Saturday public address, has said some of the perpetrators have already been captured. Maduro, without any sign of injury, delivered a televised address about two hours after his public speech at a military event was interrupted by loud explosions. Venezuelan officials said explosive […]
Venezuela's oil-backed cryptocurrency will be convertible to Russian rubles – President Maduro
The so-called ‘petro’ digital currency, which was successfully launched by Venezuela last month, will be traded for several global currencies, including the Russian ruble. “Starting March 23, all legal and physical entities will be able to purchase the petro directly… within the next 15 days for convertible currencies: yuan, rubles, Turkish liras and euro,” said Venezuelan […]
