President
Maduro hopes that the «petro» will be able to open more pathways for Venezuela economy.
Maduro hopes that it will raise hard currency for the cash - strapped country, and help ease trade with foreign suppliers in the face of US sanctions imposed last year.
President Nicolas
Maduro hopes the country's own digital currency will help it to make financial transactions and get around Western sanctions.
Not exact matches
Maduro has said that he
hopes the Petro will help the country skirt Western sanctions, though the U.S. Treasury has warned that it won't be that easy.
CARACAS A group of Venezuelan rock bands
hope to popularize songs against President Nicolas
Maduro by handing out a CD called «Rock Against Dictatorship» during a summit of Latin American and North American countries in Lima this week.
Moreover, its
hope is that the petro will return monetary sovereignty to Venezuela by creating a new avenue for financial transactions that will, in
Maduro's words, «overcome the financial blockade».
In a campaign speech Wednesday,
Maduro — who
hopes to win a new term in a highly questioned May 20 election — accused opposition rival, Henrí Falcón, of wanting to sell the country out to «the gringos.»
on the
hope that
Maduro in Venezuela would get his countries act together.
In a move that the government
hopes will bring much needed economic relief, Venezuela's President Nicolas
Maduro announced earlier this week that the pre-sale of the country's new «petro» cryptocurrency will begin on February 20.