Venezuela: 15 tons of gold sold in the United Arab Emirates, according to an agency | World

The sale of gold reserves that support the local currency, the bolívar, began on January 26 with a load of 3 tons, said the official, and follows the US $ 900 million exports. Gold of last year in Turkey and the United Arab Emirates.

Venezuela's economic situation and the greatest crisis in its history

Venezuela's economic situation – with inflation of 1 million percent in 2018 and a forecast of 10 million for this year – has become even more more disturbing after the latest sanctions imposed by the United States.

Monday (28), the US government announced that the Venezuelan oil company, PDVSA, could no longer move the money and badets invested in the United States.

The decision was another measure of US pressure on Nicolás Maduro, who is facing a political crisis in his country after the president of the National Assembly, Juan Guaídó, was arrested. is declared acting president.

The United States, as well as several countries, have recognized Mr. Guaidó as President of Venezuela. But the head of PDVSA, controlled by the Venezuelan government, reiterated his support for Maduro.

In August 2018, Nicolás Maduro's government announced the removal of five zeros from the local currency, called the sovereign bolivar, in an attempt to control hyperinflation in the country. Maduro's package, however, sparked skepticism from badysts and the opposition.

After that, the minimum wage has already been subject to two readjustments, one in November and the other announced on January 14th.