US moves to reimpose sanctions on Venezuela after opposition candidate barred from presidential election | CNN
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The US has reimposed economic sanctions against a Venezuelan state-owned mining company and could go on to issue 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 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.

  • No_Ones_Slick_Like_Gaston@lemmy.worldEnglish
    216·
    9 months ago

    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.

      • No_Ones_Slick_Like_Gaston@lemmy.worldEnglish
        32·
        9 months ago

        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.

        • Shyfer@ttrpg.networkEnglish
          4·
          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.

    • rockSlayer@lemmy.worldEnglish
      51·
      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.