USA to provide $2.5M in aid to Venezuelan refugees in Colombia

Opposition candidate Henri Falcon has been pressured by US civil servants not to run in the elections

Russian government officials and businessmen helped the Venezuelan government launch the world's first state-backed cryptocurrency, Time Magazine reported Tuesday. Diosdado Cabello, the vice president of the ruling United Socialist Party of Venezuela, reportedly said that Trump was "wrong" to have taken this step and threaten additional sanctions against the Latin American nation.

Petro also provides Venezuela with a workaround to avoid sanctions placed on the country by the USA government. The US has also frozen assets of four current and former officials of the Venezuelan government. According to an AP report, the Venezuelan President suggested that Trump's actions offended "the most elemental principles of global law" and intimated that charges could be levied at the World Court, alleging a "crime against humanity".

Maduro goes on to say that the sale of the Venezuelan Petro, backed by 5 billion barrels of the country's oil "will allow the country to break the ties of the (U.S.) dollar and will ... create a prosperous economic and production system" in Venezuela.

Destroying Iran deal would be disastrous, Merkel warns Netanyahu
Netanyahu also spoke over the phone with German Foreign Minister Heiku Maas and congratulated him on his new position. But with time still to run until May, sanctions did not dominate the debate, diplomats said.

Venezuela responded with "profound indignation", slamming the US President.

Earlier this week, President Trump issued an executive order prohibiting US citizens from purchasing or trading petro.

"It's not going to be easy to execute", Cabello said in a press conference in Caracas.

Xi Jinping warns any attempt to split China is 'doomed to fail'
In his address, Xi said China would promote "high-quality" development that values innovation over the speed of growth. Xi also promised "rejuvenation" and warned against attempts to erode China's unity during his speech.

Citing sources familiar with the creation of petro, Time reports that senior advisers from the Kremlin, with approval from President Vladimir Putin, helped to oversee the development of the cryptocurrency. Expectedly, President Maduro's government has reacted strongly to the U.S. move by calling it a "new imperial aggression". Its value is tied to the nation's oil reserves and is meant to be used to pay taxes, fees and other public needs. Venezuela's currency, the bolĂ­var, has suffered from hyperinflation as a result of government mismanagement and United States sanctions.

The government has promised that Venezuelans will be able to use the $60 coins to pay taxes and for public services.

In an official statement, Maduro condemned the sanctions by Trump and stated that they were in violation of the United Nation Charter and global law.

'Sex and the City' star Nixon to challenge Andrew Cuomo
According to The New York Times , Cuomo's name was mentioned 163 times during Joseph Percoco's eight-week federal trial. She's a hard-working activist who's more than her famous characters, supporters like Rosie O'Donnell said .

"President Maduro decimated the Venezuelan economy and spurred a humanitarian crisis", Treasury Secretary Steven Mnuchin said Monday.

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