Venezuela Publishes Oil Prices In Yuan For First Time

In a move that is largely seen as Maduro giving Washington the middle finger, Venezuela has made good on its promise to layoff the U.S. dollar, publishing its oil prices in yuan on Friday. Last Friday, Maduro had announced the forthcoming change, but that threat came after 14 years of similar threats, made by former leader Hugo Chavez, who was sure the dollar would someday lose its place in the currency pecking order. More…