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GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

VENEZUELA

Toyota halts Venezuela production

CARACAS, VENEZUELA: Toyota is halting production at its only assembly plant in Venezuela because the world's largest car manufacturer lacks the hard currency to import parts due to government controls, a factory official said last week.

10 Feb 2014