Venezuela’s Guaido considering request for funds from IMF -sources

CARACAS, Jan 25 (Reuters) – Venezuela opposition leader Juan Guaido, who has proclaimed himself interim president with U.S. support, is considering a request for funds from international institutions including the IMF to finance his interim government, two sources said.

Guaido’s team is planning to name a new board to state-run oil firm PDVSA’s U.S. unit Citgo Petroleum and a new representative to the Inter-American Development Bank, two sources familiar with the discussions said.

Guaido does not yet have control of the state’s functions, which remain loyal to Venezuelan President Nicolas Maduro. (Reporting by Corina Pons and Brian Ellsworth Editing by Angus Berwick)
— Read on www.reuters.com/article/venezuela-politics-guaido/venezuelas-guaido-considering-request-for-funds-from-imf-sources-idUSL1N1ZP0TH

Refiner Citgo prepares to fend off Venezuela’s opposition government | Reuters

* Maduro says to defend U.S. refiner Citgo as Venezuelan property

* Citgo board retreats to Bahamas to plan legal moves

* Citgo strategy to avoid U.S. attempts to divert revenues

* PDVSA unit Citgo is biggest U.S. importer of Venezuelan crude

By Marianna Parraga and Corina Pons

MEXICO CITY/CARACAS, Jan 25 (Reuters) – Venezuela’s most important foreign asset, its $10 billion U.S. refining arm Citgo Petroleum, is hunkering down to arm itself with a legal strategy to block efforts for its board to be removed and its revenues diverted to an opposition government, sources close to the talks said.

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Trump Recognition of Rival Venezuelan Government Will Set Off a Diplomatic Avalanche

January 24th, 2019

The Trump administration’s January 23 recognition of Venezuela’s National Assembly leader, Juan Guaidó, as the president of Venezuela, in opposition to the “de facto” and “de jure” president of Venezuela, Nicolas Maduro, threatens an avalanche of nations recognizing leaders of various political factions in countries around the world as legitimate governments. In reaction to Trump’s move, Maduro severed diplomatic relations with Washington and ordered all US embassy personnel in Caracas to leave the country within 72-hours. Venezuela’s opposition-controlled National Assembly declared a caretaker government as a rival to the Maduro government with Guaidó as the interim president.

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US Backs Coup in Oil-Rich Venezuela, Right-Wing Opposition Plans Mass Privatization and Hyper-Capitalism

The US has effectively declared a coup in Venezuela. Trump recognized unelected right-wing opposition leader Juan Guaidó as new “president,” who plans mass privatization and neoliberal capitalist policies.

By Ben Norton

The United States has effectively declared a political coup d’état in Venezuela, from abroad. Trump announced on January 23 that the US recognizes the unelected, illegitimate right-wing opposition leader Juan Guaidó as the supposed new “interim president” of Venezuela’s supposed new “government.”

Venezuela’s US-backed opposition has pledged to carry out a mass privatization of state assets and to implement harsh neoliberal capitalist policies. The opposition-controlled legislatures declared in its “transition” plans that the “centralized model of controls of the economy will be replaced by a model of freedom and market based on the right of each Venezuelan to work under the guarantees of property rights and freedom of enterprise.”
— Read on grayzoneproject.com/2019/01/23/us-coup-oil-venezuela-right-wing-opposition-privatization-capitalism/

Is foreign military intervention in Venezuela imminent?

By James Jordan

 January 24, 2018 — Links International Journal of Socialist Renewal — According to conventional wisdom, there should be no serious talk of foreign military intervention in Venezuela. But these aren’t conventional times. The conventional playbook would adopt a strategy of foreign coordination of the Venezuelan opposition, economic sabotage, infiltration of the military, and manipulation of popular movements against the elected government. All this is being done, but, so far, unsuccessfully. The frustrations of the Bolivarian movement’s enemies are palpable. Does this mean intervention is imminent? And what would such an intervention look like?

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Juan Guaido: the ‘kid’ taking on Venezuela’s Maduro

My notes: They boycotted the election, then decided to announce that the election was illegal!

Guaido did not set out to supplant Maduro, the socialist president who has presided over a spiraling political and economic crisis in Venezuela. US President Donald Trump immediately recognized him as Venezuela’s interim president, followed by a string of countries across the region.
Continue reading.