Page 44 - Petro News Today

Situation well the government has actually angered the new minimum wage to the self imposed prize of the better which is about sixty dollars which is an increment of thirty five times more than the minimum wage last month so the consequences of a three thousand percent raise into the bedroom has been catastrophic for businesses and workers last month we saw massive amounts of layovers and close business is unable to pay the new wages chances and fees so for the government the bit there was a too...

Minimum wage will have the work of the end of them not. worried about finding cheap food or a way out in this way that at this point because money has lost its work in the streets just to give you an example the prosecute go hand today is the same as the buzz about them last year so it went as well as are worried about tangible problems in the bedroom which cant be bought through to or accepted anyone. but as their last crypto currency the petro nowhere to be found oscar franco reporting from ca...

Economic crisis its launched a new currency it will be tied to the petro a crypto currency thats been banned by the united states the petro is valued at around sixty dollars roughly equivalent to a barrel of oil but some digital currency experts like robert appear skeptical. also put it just like every other crypto currency depends on peoples confidence and it if people dont trust their currency its not much used to them because nobody will accept it. one reason that dash has taken off in venezu...

Old ball of ours well the new currency is also packed to a crypto currency called the petro its like a bit coin and many economists are skeptical about whether it will work. this cafe in the venezuelan capital caracas doesnt accept cash neither does this bar what they do take is cryptocurrency says its a response to the countrys out of control inflation which is left ordinary venezuelans in a desperate situation and nothing that they know they know that that money with that cash venezuelans can ...

Fear the turkish finance minister promised state influence on the central bank would be diminished in a bid to win back investor confidence but its unclear whether this will have a calming effect on the markets. german chancellor angela merkel is in spain today for informal talks with spains prime minister petro as with migration likely to dominate the agenda the two leaders meeting at sanchezs holiday residence in the south of the country and recent spying has become the preferred route for mig...

A peace deal signed in twenty sixteen that ended a decades long war between leftist rebels and the colombian government while the deal brought relative peace to the country do promises to renegotiate the still fragile cease fire what ive been saying about it is that were not against the process or we are against it is that we dont have the right measure of justice. the divisive election is over but petro and his base will not be brushed off the leftist will enter the senate and is expected to be...

A bottle of wine here. what feels perfectly respectable to begin with can all too easily slide into full blown corruption and not just in the business world politicians need to abide by a code of ethics that is international headlines of forever revealing they often do it it feels like this year weve seen even more corruption scandals involving politicians than usual is a roundup of some recent high profile cases. march twenty eighth seen peruvian president petro public steps down less than two ...

A half million people voted for him and even more could do so in the run of as many fear that those socialist proposals as they think that these could turn colombia into another venezuela but on the other hand you have about five million people who voted for bad throw and the candidate who can win a third in the election yesterday has about four and a half million votes he is from the center left spectrum and his vote to turn into petras votes and the run of petro could have a chance of becoming...

With the worlds largest known oil reserves spiraling poverty hopelessness and anger at nicolas maduro as government have led to a social implosion protests and file and crackdowns have marked his tenure but as my duro tightens the screws on dissent his government has a silver bullet for the moribund economy the cryptocurrency the petro its meant as a workaround for the lack of foreign currency but critics call it a scam but that petro success would depend on good faith in the government backing ...

Parts of the economy even if central banks wanted to regulate them the question is how and how disruptive it could be that this one either or there were issues involving regulation looking at the markets cybersecurity data and operational risks that we were hoping to see and that they arent questions to have to be answered now the g twenty working groups will continue throughout the year. its well venezuelas facing more pressing issues the south american countries wrecked by hyperinflation price...