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Maduro

Venezuela’s Maduro seeks to renew Beijing ties amid China-West tensions Maduro

Venezuela’s Maduro seeks to renew Beijing ties amid China-West tensions

Venezuela's President Nicolas Maduro is in China, his first visit in five years, to renew engagement between the two countries. China, the world's largest oil importer, is Venezuela's largest creditor and a key customer and player in the OPEC member's energy industry, which has the world's largest proven crude reserves.…
bubmag
September 8, 2023
Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro Once Supported Maduro

Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro Once Supported

Source: RawBeautyPixels/AdobeVenezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported.  Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed to the state-run oil company Petróleos de Venezuela.  So far, around…
bubmag
June 22, 2023