U.S. sanctions Venezuelan officials to pressure Maduro

Jul 28, 2017, 00:11
U.S. sanctions Venezuelan officials to pressure Maduro

The vote will create a new Constituent Assembly tasked with rewriting the country's constitution.

The latest casualties bring to 106 the number of people killed in four months of violent protests against the government of President Nicolas Maduro, the AFP news agency said. The National Constituent Assembly would merely make it official. Overall, fewer people appeared to be heeding the shutdown than the millions who participated in a 24-hour strike last week. The right-wing MUD coalition has maintained its belligerent position, calling for a week of actions in hopes of disrupting the elections, which have by and large failed to gain any significant support.

Maduro's opponents at home and overseas are attempting to pressure him into halting his plans to rewrite Venezuela's constitution with an election for a Constituent Assembly on July 30.

Anti-government protests have become an nearly daily occurrence since the loyalist Supreme Court unsuccessfully tried to strip the country's opposition-led legislature, the National Assembly, of its power in late March.

Among the Venezuelan individuals targeted with the sanctions were army and police chiefs, the national director of elections, and a vice president for the state oil company PDVSA.

Members of the Bolivarian National Guard (GNB) shield themselves from a fire amid clashes with demonstrators during a protest, as part of a general strike convened by the opposition, in Caracas, Venezuela, 26 July 2017.

Tightening sanctions on Venezuela could result in blowback on the US economy by way of higher oil and gasoline prices, sector analysts said.

The Venezuelan prosecutor's office said on Thursday that a 23-year-old man was killed in western Merida state and a 16-year-old boy died in the poor Caracas neighbourhood of Petare during clashes on Wednesday.

The most serious of the potential future steps would be financial sanctions that would halt dollar payments for the country's oil, starving the government of hard currency, or a total ban on oil imports to the United States, Venezuela's biggest customer.

Thirteen countries in the 35-member Organization of American States (OAS), a regional political bloc - including the US, Canada, Brazil, Mexico, and Argentina - urged Maduro to suspend Sunday's election because it amounted to a "dismantling of democratic institutionality".

In Barinas, home state of former Venezuelan leader Hugo Chavez, only about a third of businesses were closed according to a Reuters witness, as opposed to the opposition's formal estimate of 92 percent participation nationally.

Maduro accuses the USA of fomenting the unrest against him and his government, with the help of the conservative opposition.

"All of us present here in this room, we have been witness to how the secretary general has been called and instructed regarding the interventionist plan in Venezuela".

The oil export-dependent economy will shrink 12 per cent this year, the International Monetary Fund predicts. The meeting at the house of Leopoldo Lopez, a prominent opposition leader recently granted house arrest after three years in jail, sparked rumors of a possible behind the scenes negotiation of Venezuela's crisis.

That has prompted thousands of Venezuelans to flee to neighboring Colombia this week. They warn the new constitution will formalize a Maduro dictatorship and undermine democracy.

  • Dead in Stabbing Attack by Palestinian

    The Israeli army and news media say the assailant was shot, but it is not clear whether he or she was killed in the shooting. At least 47 Israelis and five foreign nationals have been killed in almost two years of such attacks.
    Prince William promises firm friendship with Germany post-Brexit

    Prince William promises firm friendship with Germany post-Brexit

    As the British Royals landed in Warsaw, Prince George and Princess Charlotte took people down memory lane with their ensembles. Offering her thanks for the gift, she turned to Prince William laughing and said: "We will just have to have more babies".
    Games for real money and security in online casinos

    Games for real money and security in online casinos

    Usually, there are some doubts about the safety of online casinos since there are plenty of cheaters in the network. Software used in the online casino belongs to individual companies and not an own developments of casino owners.
  • United States  pledges $140 million to Lebanon in Syrian refugee aid

    United States pledges $140 million to Lebanon in Syrian refugee aid

    The US has long condemned the group, and it has been a designated foreign terrorist organisation by the US since 1997. With the support of Iran, the organization is also fueling humanitarian catastrophe in Syria.
    Facebook to launch their own speakers gadget with touch

    Facebook to launch their own speakers gadget with touch

    Amazon recently started selling a similar speaker called the Echo Show that features a large display . All this information comes from the sources in the supply chain of the product.

    Live streaming and where to watch in India

    Apart from her, Deepti Sharma and Mithali Raj added some crucial runs as India enhanced the misery of the defending champions. India has high hopes from Sangli opener Smriti Mandhana along with Harmanpreet, Deepti Sharma and Poonam Yadav.
  • Ancelotti - Muller still in Bayern plans

    Ancelotti - Muller still in Bayern plans

    Renato Sanches was excellent for Benfica and earned a big money move to Bayern Munich before starring for Portugal at Euro 2016. He is not moving. "He played well against Chelsea and I hope he can continue to improve", Ancelotti said.
    Mob sets banks ablaze as policeman 'kills' tanker driver

    Mob sets banks ablaze as policeman 'kills' tanker driver

    It took the intervention of some soldiers deployed from the Signal Corps of the Nigerian Army (NA) to restore sanity to the area. When the policemen attached to the first bank shot at the tanker drivers, they regrouped and stormed the bank in anger.
    Frontier announces new SDF flight to Denver, others from CVG

    Frontier announces new SDF flight to Denver, others from CVG

    The Austin route will also launch October 12 with flights offered three times a week, Tuesdays, Thursdays and Sundays. Frontier offers options a la carte or in one low-cost bundled called The WORKS .
  • Tesco PLC 37.8% Potential Upside Indicated by Deutsche Bank

    Tesco PLC 37.8% Potential Upside Indicated by Deutsche Bank

    The Firm operates through four divisions: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. The shares were acquired at an average price of GBX 26 ($0.34) per share, with a total value of £1,468.48 ($1,913.08).
    Toyota in

    Toyota in "production engineering" for a solid state battery, WSJ says

    Solid-state batteries use solid electrolytes, as opposed to the liquid ones used in lithium-ion batteries, making them safer. Toyota is working on developing an electric vehicle with a fast charging battery, the Chunichi Shimbun reported on Tuesday.
    Nascar eSports Future of Racing?

    Nascar eSports Future of Racing?

    Just like modern stars Cristiano Ronaldo and Lionel Messi have made soccer all the more popular in the United States of America. Still unsure? The series has been shown online since 2010, and the demand to watch it shows the growth is likely to continue.