OPEC


Petrocoin? Kuwaiti firm suggests trading oil in Bitcoins

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Petrocoin? Kuwaiti firm suggests trading oil in Bitcoins     The dollar, and more importantly the petrodollar is in some serious medium to long term trouble. Right now the dollar is the reserve currency of the world and the only currency with which one can buy or sell oil in in […]

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Venezuela to devalue its currency 1

Source: http://www.cbc.ca By CBC News Venezuela’s government announced Friday that it is devaluing the country’s currency, a long-anticipated change expected to push up prices in the heavily import-reliant economy. Officials said the fixed exchange rate is changing from 4.30 bolivars to the dollar to 6.30 bolivars to the dollar. The devaluation had been widely expected […]