Page 46 - Petro News Today

Now and venezuela has a new virtual currency is there any interest in it then song the bids dribbling in but theres no gosh so its not over subscribed or anything like that venezuela is the first nation in the world to launch a state backed digital currency the petro its designed to hold the country out of its economic crisis the president is already trumpeting its success not everyones convinced. venezuelas president nicolas maduro has been promoting the countrys new digital currency even going...

Currency a big fan of not going to feel the fact i havent. the idea is to link venezuelas oil reserves to the value of a petro with one hundred million petro tokens worth around six billion dollars being issued initially but not everyone is convinced venezuelas opposition controlled parliament considers the petrol a ruse to borrow money using the oil as collateral circumventing laws that demand legislative approval from. and many observers are skeptical that was lucian to be managed by authoriti...

Cash from bonds and this is going to allow for advancements in international financing for the economic and social development of the country the new crypto currency will be backed by reserves of it is going on while old oil gas and diamonds get funding for not having israel announces the creation of its crypto currency a big fan of. the fact i have only. the idea is to link venezuelas oil reserves to the value of a petro with one hundred million petro tokens worth around six billion dollars bei...

Plummeting ever since september selection and now theyve been overtaken by the far right alternative for germany for the first time what does this mean as they launch a make or break vote for another coalition government with the conservatives. and as venezuela battles hyperinflation and cash shortages for the government launches a digital currency backed by oil proponents say the petro could lift the country out of an economic crisis critics say in some parts. hello im terry martin thanks for j...

Town this week as well and people have been saying that hes not been getting as warm reception as donald trump jr he doesnt have any apartments to float doesnt assist thank you very much for joining us from delhi. venezuelas economic crisis as usual government strategy its launching a crypto currency called the petro the oil backed digital currency goes live today there are doubts it will work and theres opposition on legal grounds. if you can dispute just how badly venezuela needs a plan hyperi...

A virtual currency the petro a stroke of genius or an act of pure desperation. ive been fizzling lets do business and trade war is in the air and the e.u. is preparing for it authorities are getting ready to slap high tariffs on american products like whiskey orange juice and motorcycles if dont trump carries out his threats to hit imported steel with punitive measures u.s. secretary of commerce wilbur ross says suggested the likelihood of putting a twenty four percent tax on all still imports o...

Sensitive issues in peru he addressed the issue of corruption in front of the president who barely xscape impeachment over corruption allegations. how much evil is done to our latin american people and the democracies of this blasted continent by this social virus. because everything being done to combat this social scourge deserves our utmost attention. a trip full of social issues and challenges for the ponces certainly one he wont forget. and for more on this lets bring in correspondent dotti...

Hour for sure. now to some news on the crypto currency front. with bitcoin all the craze now, officials, wait for it, in russia and venezuela are said to be looking at their own crypto currencies as ways to evade u.s. financial sanctions. venezuelan president, nicolas maduro, is proposing a state-sponsored currency known as petro backed by the oil reserves while officials in the russian government are floating the idea of a crypto ruble. >> crypto currency was born out of the dark web and dark...

Said look im a venezuelan like any other i cant be more homegrown like that and white from around here i dont have foreign bank accounts nothing like what i do have to pay for his ticket today or is because. they accepted us but bitcoin is not the crypto currency of choice for embattled venezuelan president nicolas maduro earlier this month he announced the launch of an alternative digital currency the petro he says will be backed by the countrys oil reserves but venezuelans dont appear to view ...

In israel from tel aviv to jerusalem. john roberts is reporting the president is listening to positions of allies in the region. white house officials said "its not a matter of if but a matter of when." the defense chief is in pakistan trying to get that country to do more against terrorism. jim mattis is pushing for pakistan to more aggressively go after the insurgents moving back and forth across the border with afghanistan. venezuelas president says his government will launch a crypto currenc...