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Maduro ordered PDVSA to use cryptocurrencies

Friday, March 31, 2017

Venezuela Muzzles Legislature, Moving Closer to One-Man Rule

Venezuela took its strongest step yet toward one-man rule under the leftist President Nicolás Maduro as his loyalists on the Supreme Court seized power from the National Assembly in a ruling late Wednesday night. The ruling effectively dissolved the elected legislature, which is led by Mr. Maduro’s opponents, and allows the court to write laws itself, experts said. The move caps a year in which the last vestiges of Venezuela’s democracy have been torn down, critics and regional leaders say, leaving what many now describe as not just an authoritarian regime, but an outright dictatorship. More…

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