U.S. Sanctions 13 Senior Venezuelan Officials

The Trump administration is imposing sanctions on 13 senior officials of Venezuela`s government. military and state oil company PDVSA on Wednesday. U.S. officials said. seeking to ratchet up pressure on President Nicolas Maduro to scrap plans for a controversial new congress.
The United States decided to target individuals for alleged human rights abuses and corruption. while sparing the country for now from broader financial or “sectoral“ sanctions against its vital oil industry – though such actions. the officials told Reuters. are still under consideration.
The move is aimed at showing Maduro`s socialist government that U.S. President Donald Trump is prepared to make good on his threat of “strong and swift economic actions“ if it goes ahead with plans for a vote on Sunday to establish an assembly that critics say will cement Maduro as dictator. the officials said.
The U.S. Treasury Department will issue a sanctions announcement later on Wednesday. they said.

About core

Check Also

Year in review: Energy Woes to AI Boom, Top Global Economic Trends of 2024

In 2024, the global economy navigated a year marked by uncertainties and transformative shifts. From …

Leave a Reply

Your email address will not be published. Required fields are marked *