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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 ...
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.
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.
(Bloomberg Opinion) -- For the last year, President Donald Trump’s pressure campaign against Venezuela’s dictator has had a loophole. Now it is about to close.Nicolas Maduro and his inner ...
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 ]
Venezuela on Saturday condemned new sanctions that the U.S., Britain, and the European Union imposed the previous day, when the country swore in President Nicolas Maduro for a third term after a ...
However, he failed to bring the United States into the League and the US did not join the 1935 League sanctions against Italy. [4] Trends in whether the United States has unilaterally or multilaterally imposed sanctions have changed over time. [5] During the Cold War, the United States led unilateral sanctions against Cuba, China, and North ...