{"id":319992,"date":"2017-08-02T22:32:25","date_gmt":"2017-08-02T21:32:25","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/washingtons-sanctions-against-venezuela-and-the-dead-end-of-chavismo\/"},"modified":"2017-08-02T22:32:25","modified_gmt":"2017-08-02T21:32:25","slug":"washingtons-sanctions-against-venezuela-and-the-dead-end-of-chavismo","status":"publish","type":"post","link":"https:\/\/rinf.com\/alt-news\/newswire\/washingtons-sanctions-against-venezuela-and-the-dead-end-of-chavismo\/","title":{"rendered":"Washington\u2019s sanctions against Venezuela and the dead-end of Chavismo"},"content":{"rendered":"<div id=\"content\">\n<h3 class=\"nomargin\">\u00a0<\/h3>\n<h2>Washington\u2019s sanctions against Venezuela and the dead-end of Chavismo<\/h2>\n<h5>\n<p>    By<br \/>\n    Eric London<br \/>\n    <br \/>2 August 2017<\/p>\n<\/h5>\n<p>On Monday, in response to Venezuela\u2019s disputed election of a constituent assembly the day before, the Trump administration announced sanctions against President Nicholas Maduro, freezing his assets and threatening further economic measures against the government and the ruling United Socialist Party of Venezuela (PSUV).<\/p>\n<p>\u201cYesterday\u2019s illegitimate elections confirm that Maduro is a dictator who disregards the will of the Venezuelan people,\u201d US Treasury Secretary Steven Mnuchin said in announcing the sanctions. Maduro joins a list of world leaders against whom the US has imposed personal sanctions, including Iraq\u2019s Saddam Hussein, Libya\u2019s Muammar Gaddafi, Syria\u2019s Bashar Al-Assad, and North Korea\u2019s Kim Jong-Un. In the not-so-subtle language of US imperialism, the message is clear: Hussein and Gaddafi are dead, Assad and Kim threatened with assassination and regime change.<\/p>\n<p>Monday\u2019s sanctions were more limited in scope than some observers expected and are aimed at sending a message to members of the PSUV and the Venezuelan military that the US will escalate pressure until Maduro is toppled.<\/p>\n<p>US officials coupled Monday\u2019s announcement with threats to impose economic sanctions on Venezuelan oil. These could include barring the state-owned oil company PDVSA from trading in US dollars or blocking US imports of Venezuelan crude oil.<\/p>\n<p>Such measures would cripple Venezuela\u2019s economy and likely force PDVSA into default. Venezuela is heavily dependent upon trade with the US, exporting 740,000 barrels of crude per day to the country in 2016. Venezuela also imports US light crude that it uses to dilute its own heavy crude for refinement.<\/p>\n<p>The imposition of these&#8230;<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.wsws.org\/en\/articles\/2017\/08\/02\/vene-a02.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Washington\u2019s sanctions against Venezuela and the dead-end of Chavismo By Eric London 2 August 2017 On Monday, in response to Venezuela\u2019s disputed election of a constituent assembly the day before, the Trump administration announced sanctions against President Nicholas Maduro, freezing his assets and threatening further economic measures against the government and the ruling United [&hellip;]<\/p>\n","protected":false},"author":2526,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-319992","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/319992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/2526"}],"replies":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=319992"}],"version-history":[{"count":0,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/319992\/revisions"}],"wp:attachment":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=319992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=319992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=319992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}