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Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises

The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching…

Continue ReadingVenezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises

The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido

Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the…

Continue ReadingThe Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido