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During the Spanish American wars of independence, the United States was officially neutral but permitted Spanish American agents to obtain weapons and supplies.With the reception of Manuel Torres in 1821, the Gran Colombia (present-day Panama, Colombia, Ecuador, northern Peru, Venezuela, western Guyana and northwest Brazil) became the first former Spanish colony recognized by the United States ...
Trump imposed economic sanctions in August 2017 that affected Venezuela's petroleum industry by prohibiting the trading of Venezuelan bonds in U.S. markets. The New York Times said that loopholes in the sanctions would permit "financing of most commercial trade ... and financing for humanitarian services to the Venezuelan people", and quoted ...
An October 2020 report published by the Washington Office on Latin America (WOLA) by Venezuelan economist Luis Oliveros found that "while Venezuela's economic crisis began before the first U.S. sectoral sanctions were imposed in 2017, these measures 'directly contributed to its deep decline, and to the further deterioration of the quality of ...
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.
But Maduro endured and the economic and humanitarian crisis in Venezuela worsened. As a result, the U.S. has seen an increasing number of Venezuelans show up on its borders.
The prolonged economic and political instability in Venezuela has forced millions of Venezuelans to leave over the past decade, quashing many of their dreams and leaving many wondering if they'll ...
The participation of the United States in regime change in Latin America involved US-backed coup d'états which were aimed at replacing left-wing leaders with right-wing leaders, military juntas, or authoritarian regimes. [1] Intervention of an economic and military variety was prevalent during the Cold War.
The SUCRE system is a virtual currency system used mainly by Venezuela and Ecuador. There are some risks such as money laundering and fraud. However, it has been seen as beneficial for trade since Ecuador uses the United States dollar as its national currency and Venezuela's strict currency controls have created a US dollar shortage in ...