The Petro Probably Doesn’t Exist, Nor the Oil Reserves Backing It: Report

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The Petro Probably Doesn’t Exist, Nor the Oil Reserves Backing It: Report
A month after Venezuelan president Nicholas Maduro announced the creation of the Petro, a state-backed cryptocurrency that would supposedly bring the country out of six-figure hyperinflation, the only place the Petro seems to exist is in the media. A Reuters special report recently documented the situation in the oil-rich savanna region around the town of Atapirire,The post The Petro Probably Doesn’t Exist, Nor the Oil Reserves Backing It: Report appeared first on CCN For Further Information Click on Below Button
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