US hands bank accounts to Venezuela's Guaido

30 January, 2019, 02:56 | Author: Mary Valdez
  • Venezuela's Guaido expresses concern over Greek position | News

"We have continued to expose the corruption of Maduro and his cronies, and today's action ensures they can no longer loot the assets of the Venezuelan people, " Bolton said at a White House news conference.

Venezuela's chief prosecutor is seeking to ban opposition leader Juan Guaido from leaving the country as part of a criminal probe into his anti-government activities.

"The United States is holding accountable those responsible for Venezuela's tragic decline, and will continue to use the full suite of its diplomatic and economic tools to support Interim President Juan Guaido, the National Assembly, and the Venezuelan people's efforts to restore their democracy", Mnuchin said.

Guaido, who argues that Maduro usurped the presidency on taking office for a second six-year term on January 10 following a May 2018 election considered fraudulent by the opposition, has said he is prepared to receive $20 million in humanitarian aid pledged by the United States.

Maduro has backed down on his order to shut down the USA embassy in Caracas and the expulsion of all US diplomats. That's because Venezuela's oil shipments to China and Russian Federation are usually taken as repayment for billions of dollars in debts.

Maduro's inauguration sparked protests throughout Venezuela.

He has called world leaders who want him gone "Trump sycophants".

Maduro appeared on a television broadcast from a military base on Tuesday, praising the soldiers' loyalty.

As a legislator who also heads the National Assembly, Guaido has immunity from criminal investigation that can be removed only by the Supreme Court.

US military invention is seen in Washington as highly unlikely, but President Donald Trump has repeatedly said "all options are on the table" and notes Bolton held at a Monday briefing containing the words "5,000 troops to Colombia" have raised questions.

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"Over the past three or four years, as Venezuelan production has plummeted, we've seen a tightening of the heavy oil market and we think Canadians have benefited in that the price difference between light and heavy globally has tightened", he said.

Russian Federation has derided the move as an attempt by the USA to exact regime change on Venezuela, in an emergency UN Security Council meeting.

The alliance can do this by drawing attention to the ICC's preliminary investigation into alleged crimes committed in Venezuela under the Maduro regime, he said.

The US is now increasing sanctions on Venezuela, which have already had a crippling effect on its economy and population.

Oil constitutes close to 90 per cent of Venezuelan exports.

The Kremlin considers the sanctions against PDVSA as "illegal", a sign of "unfair competition" and an attempt to interfere with Venezuela's internal affairs, Peskov said on Tuesday.

Russian Foreign Minister Sergei Lavrov said the sanctions completely undermined confidence in an global financial system that is dominated by the U.S.

U.S. Secretary of State Mike Pompeo told members of the U.N. Security Council Saturday to "pick a side" in Venezuela.

He did not outline any specific steps in support of Maduro's government.

The loss of revenue from the United States, the No. 1 buyer of Venezuelan crude, is sure to further hamper the government's ability to import basic goods like food and medicine, exacerbating a humanitarian crisis that has prompted more than 3 million people to leave the country in recent years.

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