Venezuela to sell oil in currencies other than dollar

Venezuelan President Nicolas Maduro announced on Sept. 8 his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country. “I have decided to start selling oil, gas, gold and all other products that Venezuela sells with new currencies, including the Chinese yuan, the Japanese yen, the Russian ruble, the Indian rupee among others,” he said during a television broadcast. “An economy free from the U.S. imperialist system is possible.”  More…