Venezuela – A new era 2026
As you may have heard President Maduro has been arrested.
www.abc.net.au
My thoughts turn to the Bolivar, their national currency.
Could be a currency trade of the year. A severe decline in value pegged against the USD of ~88% since around September 2024.
Would also expect a knee jerk drop in the POO (price of oil), once markets reopen. Another potential trade at some point.
Live: Maduro lands in New York after president was taken in Caracas raid
The US has "captured" Venezuelan President Nicolás Maduro and his wife during an early-morning raid, which saw US military strike targets within the capital Caracas and in several other states. Follow live.
www.abc.net.au
My thoughts turn to the Bolivar, their national currency.
Could be a currency trade of the year. A severe decline in value pegged against the USD of ~88% since around September 2024.
Would also expect a knee jerk drop in the POO (price of oil), once markets reopen. Another potential trade at some point.
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