US sanctions Russian bank over dealings with Venezuelan oil firm
The US Treasury Department has announced sanctions against the Russian bank Evrofinance Mosnarbank over its dealings with Venezuela's state-owned oil company PDVSA, part of US-led efforts to oust the democratically elected government of President Nicolas Maduro.
The administration of President Donald Trump has taken several measures to undermine Maduro's government and install Venezuelan opposition leader Juan Guaido as president in Caracas against the wishes of the Venezuelan people. Russia and China support the Maduro government.
“This action demonstrates that the United States will take action against foreign financial institutions that sustain the illegitimate Maduro regime and contribute to the economic collapse and humanitarian crisis plaguing the people of Venezuela,” Treasury Secretary Steven Mnuchin said in a statement.
Guaido, who heads the defunct National Assembly, pushed the country into a new political crisis in January, when he suddenly declared himself as “interim president” of Venezuela, disputing the outcome of last year’s election, in which President Maduro emerged victorious.
He was recognized by the US as well as some of its Latin American and European allies.
The crisis has worsened the country’s woes, including hyperinflation and widespread shortages of food and medicine.
The opposition leader, who is accused in Venezuela of trying to foment a US-backed coup d’état against the Maduro government, had been banned from traveling abroad by the Supreme Court.
Guaido, however, defied that travel ban and left Venezuela for meetings with the leaders of Paraguay, Argentina, Ecuador and Brazil during the past few days to build pressure on Caracas and facilitate what is claimed to be humanitarian aid delivery to Venezuelan people.
The army, which has remained loyal to Maduro, however, blocked convoys of trucks from Colombia and Brazil. The Caracas government sees the humanitarian aid as part of Guaido’s Washington-backed coup plot.
Maduro has thanked the country's military, saying it has defeated a "coup" led by the US administration Guaido.
Speaking in Caracas on Saturday, Maduro praised Venezuela’s armed forces for staying put and referred to Guaido as "a clown and a puppet" of the United States.
Trump vs Harris: A choice between two deranged war hawks who cheer genocide in Gaza
Democrats 'risk losing' election for backing Israeli war on Gaza, Lebanon: US journalist
Microsoft fires employees for organizing vigil for Gaza victims
48-year-old Palestinian man serving 48 life terms completes 22 years in Israeli jails
From MKO to Tondar, how Germany became safe haven for anti-Iran terror groups
Hamas open to any proposal aiming to end Gaza war: Hamdan
Role of private sector in Iran’s thriving space industry
Four Palestinians killed in Israeli strikes on West Bank
Iran warns of ‘calculated, precise’ response to Israeli aggression
After year-long genocide, Israeli military hires private firms to flatten buildings in Gaza
Malaysia working on resolution to expel Israel from United Nations
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
