Venezuela’s Response to the COVID-19 Pandemic? More Petro!

Tyler Hromadka

Source: Adobe/Wit. Venezuela’s financial scenario– currently treacherous prior to the coronavirus pandemic– is now intensifying due to the spread of the fatal illness. And with the fiat bolivar having a hard time, Caracas as soon as again appears to be turning to its own, oil-backed token, the petro (PTR), in the look for financial responses. […]

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