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jose chalhoub

Venezuela announced to ditch the dollar from all officlal exchanges and transactions

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Vicepresident Tarek El Aissami just announced Venezuela will ditch the US dollar as a foreign currency and adopt the euro alleging Venezuela was suffering tough sanctions trading with dollars from the U.S. and blockades. The thing here how this will be sustained and if China for example will accept this. Certainly an interesting move but will be shortlived in the future. 

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It's just common sense, the right thing to do, I mean, they are threatened every now and then, sanctioned, their political leaders physically targeted in attempted assassinations (remember MADURO survived awhile ago after an assassination drone blew off from the air during a military parade!).. so really ditching the dollar and thus being alittle free as a result is just the thing anyone in his sense of mind would do

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