Maduro Sold 40% of Venezuela's Gold Last Year Amid Cash Crunch
Nicolas Maduro, Venezuela’s president, speaks as he touches a stack of 12 Kilogram gold ingots during a news conference on the country’s cryptocurrency, known as the Petro, in Caracas, Venezuela. (Photographer: Carlos Becerra/Bloomberg)

Maduro Sold 40% of Venezuela's Gold Last Year Amid Cash Crunch

(Bloomberg) -- President Nicolas Maduro blew through more than 40 percent of Venezuela’s gold reserves last year in a desperate bid to fund government programs and pay millions to bondholders.
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