Tag: Acting presidents

US Reimposes Sanctions on Venezuela After Brief Relief

Tina Marie (Ms. Cat)
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US Reimposes Sanctions on Venezuela After Brief Relief

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Venezuela: Washington Reimposes Oil Sanctions, Maduro Gov’t Pledges Continued Growth

Washington Revokes Oil and Gas License Issued to Venezuela (+Sanctions)

The document specifies that the US regime does not authorize “any transactions involving any financial institution blocked pursuant to Executive Order (E.O.) 13850 other than Banco Central de Venezuela or Banco de Venezuela SA Banco Universal.”

As a second prohibition, it further indicates that “the provision of goods or services to, or new investment in, an entity located in Venezuela that is owned or controlled by, or a joint venture with, an entity located in the Russian Federation,” is also forbidden, thus keeping the same provision that existed in the revoked license against Russia.

On the strategic relationship between Venezuela and China

Tina Marie (Ms. Cat)

During a state visit to the People’s Republic of China in September 2023, Venezuelan president, Nicolas Maduro met president Xi Jinping and both agreed to strengthen the relationship of their countries by establishing seven sub commissions to elevate it to the level of ‘all-weather strategic partnership’. This is the culmination of a relationship that began with president Hugo Chavez’s first visit to Beijing in 1999, the very first year of his presidency.

On the strategic relationship between Venezuela and China

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Tina Marie (Ms. Cat)

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

The parallel AN will appoint a five-person “Administration and Asset Protection Council” to manage resources. The “interim government” had recurring budgets assigned by the US Treasury Department, drawing funds from frozen accounts belonging to the Venezuelan state. Last week, the US Senate approved US $50 million for “democracy promotion” programs in Venezuela for 2023.

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At the time of writing, the US has yet to comment on the reconfiguration of the opposition structures. However, the proposal was reportedly run by US officials during meetings with opposition representatives in Washington.

In the run-up to Thursday’s vote, Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols stated in an interview that the Biden administration would follow whatever the anti-government majority decided. An anonymous spokesperson from the US National Security Council likewise told Reuters that the White House would continue recognizing the “interim government” “regardless of the form it takes.”

Next up: Leopoldo López or Henrique Capriles?!

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