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Here's Why Venezuela's Failed Cryptocurrency Could Not Fix 359.99% Yearly Inflation

The Venezuelan government has reportedly put an end to its official cryptocurrency, the Petro. But what was the Petro? And why did it fail to solve the country's 359.99% inflation rate in 2023?
El Salvador United States Central Bank Digital Currency Transparency International Bitcoin Bet Pays Off Sovereign Bonds Skyrocket

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It's Not Too Early to Talk about Plan Ecuador | United States Institute of Peace

Since his assumption of Ecuador’s presidency on November 23, 2023, Daniel Noboa has faced a surge in violence that culminated the week of January 8th with prison riots, the abduction of police officers, car bombings, looting and the dramatic kidnapping of TV presenters during a live broadcast. Noboa fought back by announcing a state of emergency, opening the way for the armed forces to confront 22 gangs classified as “terrorist organizations.” It is not too early to consider a surge in int...
United States Minas Gerais Costa Rica Todd Chapman Rafael Correa Los Choneros
Source: usip.org

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