The Return of Filibustering
Stupidly, the attackers challenged the well-equipped Venezuelan military with no heavy weapons of their own. For example, the adventurers took on tanks with automatic rifles.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Nicholas Maduro
Maduro Wants an OPEC Cryptocurrency?
Venezuela is backing the Petro with around five billion barrels of oil, Al Jazeera reported. An ICO of 38.4 million Petros is scheduled for 20 February 2018. Since the OPEC basket price for oil was $64.83 a barrel on 8 February 2018 – the oil backing the Petro was worth around $324.15 billion on that day.
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Venezuela faces Hyperinflation and Cash Shortage at the Same Time
Venezuela is now facing one of the weirdest effects of hyperinflation – a serious shortage of cash.
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