Venezuela publishes oil prices in Chinese currency to shun U.S. dollar

reuters.com/article/us-venezuela-oil/venezuela-publishes-oil-prices-in-chinese-currency-to-shun-u-s-dollar-idUSKCN1BQ2D1

>Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas Maduro.

Can't believe there's no thread about this. Biggest signal of the next great America freedom fighting operation!

Let's wind back to November 01, 2000
rferl.org/a/1095057.html
>Baghdad's switch from the dollar to the euro for oil trading is intended to rebuke Washington's hard-line on sanctions and to encourage Europeans to challenge it.

RIP Venezuela, won't be long before Maduro joins Saddam, Gaddafi and countless others who dare to stand up to the might of the US dollar...

Unless of course China decides it's not going to stand for its foreign investments being fucked with
venezuelanalysis.com/news/5548
>The Chinese credit is the first installment of a total of $20 billion in credit the Chinese government offered to Venezuela in April of this year. Venezuela will re-pay the debt in part in the form of increased oil shipments to China, which are projected to reach 600,000 barrels per day this year, up from 200,000 per day in 2006.

Other urls found in this thread:

globalresearch.ca/author/embassy-of-venezuela-in-canada
twitter.com/SFWRedditImages

Bump with a fresh barrel

I think it time to liberate the Venezuelan.
Freedom and democracy here we come.

that country hasn't collapsed yet?

I have confirmation from high level sources that Venezuela is working on WMD's. They have to be stopped before they can complete them

They'll make a lovely couple.

he said behind an american flag

9years from now there won't be many cars using gas.

I wonder if after Venezuela democratized USA will ship there toilet paper since it run out in like 2015?

What will they be using, coal? There's not enough lithium in the world to replace every petrol car with a battery

You clearly don't understand why the US dollar is mighty. It's because our economy experiences steady growth. In the bullshit corrupt countries, an investment is susceptible to bullshit corrupt forces. That's why they invest here. Wanna see America collapse? The B.S. countries need to stop being corrupt. If that happened BRICS would jump on it. They want to see the US dollar overthrown. But they trust it because no-one else is trustworthy.

Good luck to the Vuvuzeuleans and their fruit-hatted system.

Dollars been bleeding value for months, fiat death is nearly upon us

>cars are the only thing that uses gas

Yuans?
Lel mao
What could go wrong?

I can confirm this. However, I cannot offer any evidence due to national secruity concernes.

t. NOT CIA

the currency wars have begun already. china, russia, and co. are dropping the petrodollar

not sure about lithium
cars was all I said, what's your point?

This is a non-story. Venezuela is going to collapse and descend into civil war within the year.

If only money was interchangable then people could simply trade in US dollars at an Euro value.

It's nothing.

1/2
Open Letter to the People and Government of the United States of America by the People of Venezuela: Sept 7 2017

globalresearch.ca/author/embassy-of-venezuela-in-canada

We, the People of Venezuela, wish to address the People of the United States of America.
You must know that on August 11, 2017, President Donald Trump threatened the Bolivarian Republic of Venezuela with direct military intervention.
This dangerous threat was rejected by all nations and by the People of the United States.
Nevertheless, two weeks later, President Trump imposed severe and unfair sanctions on us, publicly admitting his intention was to economically isolate Venezuela. It is the same strategy – recognized by the U.S. Government– that was implemented to overthrow the democratic government of Chile in 1973, paving the way for the ruthless dictatorship of Augusto Pinochet to take power.

These threats and unilateral decisions will affect our economy and our means to obtain resources for food, healthcare and production, seriously impairing our citizens’ everyday life.
President Trump seeks to manufacture a political crisis in our country by forcing President Nicolas Maduro out of office, even though he was democratically elected in 2013.

Furthermore, these actions also affect ordinary U.S. citizens who would face the possibility of a hike in gasoline prices, while thousands of workers risk losing their hard-earned savings as retirement funds are affected by the ban on Venezuelan bonds.

This behavior is inconsistent with Donald Trump’s campaign slogan: “Make America great again”.
Rather, it creates new problems, both inside and outside the United States, making life harder both for Venezuelans and millions of U.S. citizens, while at the same time, it generates global rejection and resentment towards the U.S. government, and indirectly, towards its people, who have nothing to do with these warmongering actions.

2/2

As was the case in Iraq, we might be on the verge of an unfair and baseless military intervention, where oil is paramount. Yet nothing can justify that young Americans are driven into another military conflict, much less if it entails confronting a friendly and peaceful country such as Venezuela.

Venezuela is neither an enemy of the United States, nor does it represent a threat to its security. We admire its history, culture and scientific achievements.
It is imperative to cease this irrational policy of aggression and instead promote political understanding, so this long tradition of friendship between both countries can be made to flourish.

President Nicolas Maduro has tried to reach out to President Donald Trump several times, so as to facilitate communication and generate solutions based upon International Law and mutual respect.
Regrettably, thus far, the U.S. Government has ignored and disregarded all dialogue initiatives proposed by the Venezuelan Government.

The People of the United States are a people of peace, and we believe you should lead efforts seeking to neutralize the jingoistic intentions of your government.
That is why we reach out to you, in fraternity and sincerity, to urge all Americans of goodwill, to join us in working together for the defense of our peoples’ freedoms, our children’s well-being, towards cooperation and peace for our region. It is a time for dialogue and understanding.
Let us not miss this opportunity and in the words of John Lennon: Let’s give peace a chance.

Also Iran and possibly Qatar.

/Venezuela General/ soon

The us has a serious reason to induce its economic and financial sector leverage on China. If they go with this, then we can use nk as a good reason to fuck China's economy, while Venezuela will be the real reason

>It's because our economy experiences steady growth.
You poor sod. In reality the economy is still contracting. The Department of Labor has hidden this by changing the definition of inflation over the decades to no longer reflect reality.

RIP

Can't wait for some comfy jungle combat footage, sandy firefights are getting stale.

^this burger gets it^