Russia could be looking to invest up to $1 billion in Venezuela’s mining projects with a focus on gold and diamonds, according to Russian media reports. Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro met in Moscow on Wednesday in what was Maduro’s fourth visit in the last two years. The sum of…
Tag: venezuela
Iran Lines Up a New Cryptocurrency Backed by Gold
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…
Price of Venezuela’s Petro Cryptocurrency to More Than Double – Maduro
Venezuela’s President Nicolas Maduro has announced that the price of the petro cryptocurrency , his country’s national “cryptocurrency,” has been increased from 3,600 sovereign bolivars to 9,000. While the wallet for the petro is still unavailable, the Venezuelan government continues to sell the digital currency and issue certificates of purchase to buyers. Maduro announced on…
Alternate Investments 