Venezuelan Socialist President Easily Toppled

Venezuelan Socialist President Easily Toppled

Venezuelan Socialist President Easily Toppled

The Trump administration has imposed financial sanctions on Maduro's inner circle, including his wife.

The Treasury said in a statement that it has blacklisted Venezuelan first lady Cilia Flores, Vice President Delcy Rodriguez, Communications Minister Jorge Rodriguez and Defense Minister Vladimir Padrino.

Under pressure at home and overseas, Venezuelan President Nicolás Maduro on Wednesday used one of the world's most prominent podiums to accuse the United States and its allies of trying to assassinate him to end his "socialist revolution" and seize Venezuela's vast oil and mineral wealth.

On Tuesday, the U.S. sanctioned key members of Mr...

Yet despite Maduro's claims of a USA plot against his nation, he has long expressed an eagerness to meet with Trump, particularly after he saw Trump go from calling North Korea's Kim Jong Un "rocket man" at last year's General Assembly session to praising him at this year's. Maduro is widely unpopular but has clung to power through what the US says is rigged elections and corruption.

Venezuela's problems stem from corruption and egregious mismanagement, which can happen anywhere.

"This strategy ignores the fact that there have been coup attempts within the past year, and they've all failed", Ramsey said. "If everyone is sanctioned then it could end up uniting the government". I bring with me the People's voice; I come here with lot of the Homeland's passion to stand for truth. In May, after Maduro won an election which American officials called a sham, the United States issued a broad set of financial sanctions which effectively blocked Venezuela from access to credit markets.

But beyond rallying Maduro's opponents, it's unclear what impact the sanctions will have.

The request - announced on the sidelines of the U.N. General Assembly - also bolsters the idea that global bodies can hold corrupt or abusive leaders or governments responsible before their citizens.

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But his desire for some sort of reconciliation with the USA has increased as worldwide pressure has been building on his socialist government at a time of hyperinflation and widespread food and medicine shortages.

"More personal sanctions can maybe deprive top Venezuelan officials from some ill-gotten gains but this will hardly destabilise the regime", said Raul Gallegos, associate director of consultancy Control Risks.

As part of the actions announced Tuesday, the Treasury Department also seized a $20 million private jet belonging to an alleged front man for powerful socialist party boss Diosdado Cabello.

Cutz spoke publicly Monday at the Wilson Center think tank in Washington for the first time since leaving government. The six-country referral could broaden the scope of the ongoing preliminary probe to the more serious charges leveled at Venezuela on Wednesday and extend the time frame back to 2014.

"For us to remove that from the table is irresponsible, " Cutz said.

As a number of journalists have reported atVox and Yahoo Finance, the cause of Venezuela's deterioriating economy was not the actions of Maduro's predecessor, Hugo Chavez, who took advantage of high oil prices to pay for strong public food subsidies and healthcare programs-but of plummeting oil production and Maduro's consolidation of power.

"They have tried to demonize the Republic of Venezuela", he said.

"Let me be clear: the United States of America will always stand with our allies, " Pence tweeted.

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