RATE Group | Spain, Cryptocurrency, France: Your Monday Briefing
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Spain, Cryptocurrency, France: Your Monday Briefing

30 Jul Spain, Cryptocurrency, France: Your Monday Briefing

Posted at 04:30h in Cryptocurrency News by

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Good morning. Venezuelans head to Madrid, cryptocurrencies look for a home country and France faces new anti-Semitism.

Here’s the latest:

• As their country faces economic ruin and dizzying inflation, wealthy Venezuelans have found a safe haven for them and their money across the Atlantic, in Madrid.

The Spanish city’s housing prices surged about 17 percent last year, raising the cost of living downtown to a level not seen in a decade. It’s estimated that over 7,000 luxury apartments are now owned by Venezuelans in one neighborhood alone.

Many are opponents of President Nicolás Maduro, but some are linked to his government and fear what international sanctions and social unrest will mean for their livelihoods. Above, Venezuelans protesting against Mr. Maduro in Madrid.

“We’re here as survivors who know that the bridges to our home country have probably been burned,” one Venezuelan businessman said.

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• Hedge…

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