Nicolás Maduro
CARACAS, (Reuters) – Venezuelan President Nicolás Maduro embraced the currency of his bitter rival the United States yesterday, calling it an “escape valve” that can help the country weather its economic crisis amid U.S. sanctions aimed at forcing him from power.
The official currency, the bolivar, has depreciated more than 90% this year, while hyperinflation in the first nine months of the year clocked in at 4,680%, according to the central bank.
The inflationary spiral has slashed the purchasing power of the South American country’s minimum wage, which together with food assistance, is equivalent to about $10 per month. Continue reading
Venezuelan President Nicolas Maduro, left, and Prime Minister Dr Keith Rowley exchange a handshake during a joint press conference following bilateral talks in Trinidad on Monday. Photo: Abraham Diaz/Trinidad Guardian
Venezuela: Trump slams Guaidó while expressing openness in speaking with Maduro
Trump slams Guaidó while expressing openness in speaking with Maduro
Trump and Guaido
By Paul Antonopoulos | June 22, 2020
In what potentially could be a radical change in Washington’s policy towards Venezuela, U.S. president Donald Trump confessed that he has had doubts about his decision to recognize opposition leader Juan Guaidó as president of the South American country.
Trump revealed in an interview with Axios in the Oval Office what he thinks about the self-proclaimed wannabe president of Venezuela, Guaidó, and even confessed that he “would maybe think” of meeting personally with Venezuelan President Nicolás Maduro, who has already publicly expressed his willingness to talk with the American president. Continue reading →
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