The world is watching the chaos in Venezuela, which is in terrible financial trouble. In all this turmoil, the situation of the country's president, Maduro, has not been seen by Petro.
Venezuelan President Nicolás Maduro faces many hardships due to the country's incredible financial situation. Opposition leader Juan Guaidó this week declared himself the country's new leader.
Petro was Removed from the prospect of reviving the economy but it did not create an impact
Under the leadership of Maduro's alleged dictatorship, the country's economy suffered a lot. The most striking figure outlining the deterioration of the country's economy is the country's inflation rate of 10 percent.
Millions of people left the country. The rest of them cannot even meet their basic needs.
Maduro put Petro last year to help the country's economy.
Maduro announced last fall that Petro is ready to be sold. Buyers could buy tokeni with Bitcoin and Litecoin. The problem is that Petro couldn't help the economy at all.
Crypto as Guide Petro we have already announced to you the great hopes.
Maduro reacted to local banks by ordering him to accept Petro, and even demanded to be used for export. also to pay pensions with Petro There were news.
Maduro presented Petro as a means to help the country's financial stalemate and claimed that Petro was backed by the country's oil reserves.
On the other hand, Savvy observers rejected this situation. They said that Maduro's only goal was to overcome US economic sanctions.
When the sanctions were reported to have been weakened, Maduro mobilized the country's major export product oil to monetize a large global investor market without the need for US dollars.
Venezuelan officials have claimed that the funds of investors around the world will flow into this region. It was thought that this would lead to employment and that Venezuela would bring a new life to the oil export industry which was not doing well.
But things did not go very well. Neither Maduro nor Petro could not reach its goal on this road.
Iy New Leader ”Doesn't Care About Petro
Guaidó had made clear his ideas for Petro. He believes that this is a program to exploit the people by Maduro.
The results of events in Venezuela is unknown. Is there a better chance of getting better than that? It looks hard. However, no matter what the outcome, in all this political turmoil, Petro's chance of maintaining his life seems to be near impossible.