by Tony Burke THE Venezuelan government wrote to the International Monetary Fund (IMF) seeking funds from its rapid financing instrument (RFI) to “strengthen its detection and response systems” during the coronavirus pandemic. The IMF claims that RFI loans “can be disbursed very quickly to assist member countries implement policies to address emergencies such as the …
by Ken Livingstone AS STATES around the world struggle to tackle to coronavirus pandemic, Venezuela’s efforts to protect its population are being severely jeopardised by Trump’s aggressive tactics which have been ramped up over the past few weeks. Trump’s strengthening of illegal US sanctions against Venezuela since 2017 — creating an economic blockade of the …
US ramps up pressure on Venezuela amid coronavirus pandemicRead More »
The United States under President Trump has extended its economic blockade of Venezuela, with new punitive measures announced last month against the Venezuelan state- owned airline Conviasa and the Russian state energy giant Rosneft for buying oil cargoes from Venezuela’s state oil company PDVSA. Trump has also threatened further action, saying at a press conference …
Trump extends criminal economic blockade of VenezuelaRead More »
Venezuelans will suffer more under the impact of a fully-fledged US blockade, writes Ken Livingstone President Trump has recently imposed sweeping new sanctions against Venezuela in his bid to oust the elected government of President Maduro. The embargo measures now constitute a fully-fledged economic blockade of the type employed against Cuba since the early 1960s. …
Briefing: The effects of the economic blockade of Venezuela Download and view this briefing as a pdf The blockade in context The U.S. has been pursuing a strategy of ‘regime change’ through destabilising Venezuela dating back to the early years of Hugo Chávez’s presidency. This led George W. Bush’s administration to support the failed coup …
September update – Briefing: The effects of the economic blockade of VenezuelaRead More »
By John McEvoy for Venezuelanalysis.com After Juan Guaidó declared himself Venezuelan president on 23 January, the opposition leader immediately sought to legitimise his parallel government by garnering international support. The US, most European states, and large parts of Latin America moved swiftly to recognise Venezuela’s new “interim president” (indeed, US Vice President Mike Pence had …
https://youtu.be/FdWpm9ybHwU Speaking to The Real News Network, CEPR co-director Mark Weisbrot responds to Guaidó economic advisors’ dismissal of the U.S. sanctions’ effects on Venezuela
by Vijay Prashad Hugo Chávez knew that Venezuela was very vulnerable. Its oil revenues account for 98 percent of its export earnings. Chávez was familiar with the thinking of Juan Pablo Pérez Alfonzo, Venezuela’s minister of mines and hydrocarbons in the early 1960s and one of the architects of OPEC (Organization of the Petroleum Exporting …
By Matt Willgress Recent developments in Venezuela have been the culmination of intensifying hostility from the US administration over several months. This aggressive agenda has included increasingly harsh sanctions aimed at putting Venezuela under siege, and comments from Trump himself, Vice- President Pence and Secretary of State Mike Pompeo, among others, that have included threats …
YOU won’t read about it much in those parts of the media currently arguing for war on Venezuela, but when Hugo Chavez first became president in 1999, Venezuela had endured a wave of economic and social catastrophes in the preceding two decades. Up to seven in 10 people had been left in poverty. Income per …
