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US moves to reimpose sanctions on Venezuela after opposition candidate barred from presidential election (www.cnn.com)

submitted 9 months ago by [email protected] to c/[email protected]

66 comments fedilink hide all child comments

The US has reimposed economic sanctions against a Venezuelan state-owned mining company and says it could go on to reimpose further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week.

The US Treasury on Monday revoked General License 43, which had authorized dealings with mining conglomerate CVG-Minerven. The Treasury said US companies have until February 13 to wind down transactions that were previously authorized by that license.

While US economic sanctions against the mining company are unlikely to cause significant damage to the Venezuelan economy, the US State Department has crucially signaled it intends to renew oil and gas sanctions from April 18, if there’s no progress between Venezuela’s authoritarian president Nicolas Maduro and the opposition “particularly on allowing all presidential candidates to compete in this year’s elections,” it said in a statement.

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[–] [email protected] 14 points 9 months ago* (last edited 9 months ago) (3 children)

She is barred from office because the Venezuelan supreme court is the legal arm of Nicolas Maduro's Regime. On the other side IQ45 attempted a coup and that makes him ineligible to hold office.

[–] [email protected] 10 points 9 months ago (1 children)

Fix your own stupid supreme courts first before meddling in Latin America.

[–] [email protected] -2 points 9 months ago (1 children)

We can't fix for what we can't vote in either country. Neither Venezuela or the US of A has a method, limits or guardrails to what these people could do. Also, not a fan of this concept where if the US fix the Supreme Court can meddle anywhere in the world, that view is colonialist AF.

[–] [email protected] 4 points 9 months ago

Now they're going to make Venezuela people poorer for not fixing problems we can't even fix in our damn country? It seems hypocritical. Hell, people should sanction us for allowing a fascist insirrectiomist run for President against the law ofnour Constitution. That's way worse for the world.

[–] [email protected] 4 points 9 months ago

I'm not saying I support Moduro, only that I think this is a decision that will protect the most vulnerable people from aggressive and brutal privatization. There are some pretty good parties in the opposition, but Come Venezuela should not be allowed. It would be disastrous for an already struggling country.

[–] [email protected] 3 points 9 months ago

You sound exactly like a Trump supporter talking about "the establishment"