Search results
Results from the WOW.Com Content Network
Barack Obama issued a presidential order on 9 March 2015 declaring Venezuela a "threat to [U.S.] national security", and ordered the Treasury Department to freeze property and assets of seven Venezuelan officials [15] [16] it held responsible for human rights abuses, repression and at least 43 deaths during demonstrations.
U.S. National Security Advisor John R. Bolton said the sanction was "aimed at restricting U.S. transactions with the bank and cutting off the bank's access to U.S. currency", as a warning to Russia and others. [60] United States Secretary of the Treasury Steven Mnuchin stated that the sanction was to prevent the Central Bank "from being used as ...
The United States Department of the Treasury placed sanctions affecting Venezuela's gold industry in March 2019, explaining that Maduro's government "is pillaging the wealth of Venezuela while imperiling indigenous people by encroaching on protected areas and causing deforestation and habitat loss". [97]
Maduro and his aides have always rejected sanctions by the U.S. and others, saying they are illegitimate measures that amount to an "economic war" designed to cripple Venezuela.
The sales are the latest sign of the growing dependence of Venezuela's cash-strapped government on Russia as the United States tightens a financial noose around Maduro, who it describes as a dictator.
The U.S. official insisted the sanctions were an important step in an effort to pressure Maduro to "make better decisions" on Venezuela's political situation before the presidential inauguration ...
Russia–Venezuela relations include cooperation between Russia and Venezuela in areas of common concern, such as their common status as oil exporters, and policy toward the United States. [1] Venezuela is Russia's most important trading and military ally in Latin America . [ 2 ]
“The key is the cash," the oil broker wrote in a text message, offering a deep discount on Venezuelan crude shipments to an associate who claimed to be fronting for the owner of Russia's biggest ...