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Venezuela creating digital currency amid financing crisis CARACAS, Venezuela – Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced Sunday, December 3. The Petro will be backed by Venezuela's oil and gas reserves and its gold and diamond holdings, the president said in his ...
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Dollar rises as US Senate passes tax bill, pound awaits May-Juncker meeting The U.S. currency was supported as Treasury yields rose. The 10-year benchmark Treasury yield US10YT=RR climbed about 4 basis points to 2.404 percent in response to the U.S. Senate's approval of the tax bills. Treasury yields rose along with U.S. equities futures ESc1, which pointed to a higher ...
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