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Crypto shields a squeezed Venezuela

By Anatoly Kurmanaev
People at a street produce market in Caracas, Venezuela. Maduro’s opponents hope a new period of economic pain will finally topple his government. He is using cryptocurrency to hold on. — The New York Times

AFTER a brief, almost fragile stretch of stability, Venezuela is bracing for yet ano­ther economic storm.

A renewed US pressure campaign against President Nicolas Maduro is dragging the country back towards the familiar territory of triple-digit inflation, a collapsing currency and tightening hardship.

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