ALBA countries eye single virtual currency

The economy ministers of ALBA nations have met in Caracas, Venezuela to draft a blueprint for the adoption of a single currency in the ALBA zone.  Prensa Latina reported on Tuesday that the economy ministers of the Bolivarian Alternative for the Americas (ALBA) have discussed a preliminary virtual currency named Regional Unique Compensation System (SUCRE). Venezuelan Economy and Finance Minister Ali Rodriguez told reporters that the member states also discussed energy issues and global challenges threatening the ALBA region.  Cuba, Venezuela, Nicaragua, Bolivia, Honduras, and Dominica, plus Ecuador as an observer, make up the alliance, which offers development projects and trade programs for the impoverished nations of the region. The ALBA summit will be held in Caracas on December 14. ARQN/HGL. Original source at PressTV