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US moves to reimpose sanctions on Venezuela after opposition candidate barred from presidential election (www.cnn.com)

submitted 9 months ago by [email protected] to c/[email protected]

66 comments fedilink hide all child comments

The US has reimposed economic sanctions against a Venezuelan state-owned mining company and says it could go on to reimpose further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week.

The US Treasury on Monday revoked General License 43, which had authorized dealings with mining conglomerate CVG-Minerven. The Treasury said US companies have until February 13 to wind down transactions that were previously authorized by that license.

While US economic sanctions against the mining company are unlikely to cause significant damage to the Venezuelan economy, the US State Department has crucially signaled it intends to renew oil and gas sanctions from April 18, if there’s no progress between Venezuela’s authoritarian president Nicolas Maduro and the opposition “particularly on allowing all presidential candidates to compete in this year’s elections,” it said in a statement.

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[–] [email protected] 8 points 9 months ago (2 children)

Do you believe someone who foments an insurrection like Trump should be allowed to participate in a good faith election? I don’t know the specifics of what’s happening in Venezuela but simply barring someone from an election isn’t the full context you need to properly evaluate the decision.

[–] [email protected] 5 points 9 months ago

I don’t know the specifics of what’s happening in Venezuela

Maduro is deeply unpopular and the authoritarian regime in Venezuela has been trying to avoid having actual elections.

[–] [email protected] 4 points 9 months ago* (last edited 9 months ago)

Sounds like it's a similar charge for her. She was implicated in some kind of conspiracy against the government, including getting sanctions on them and possible assassinations, as well as corruption and fermenting violent protests. It could all be faked or trumped up, but it is interesting that everybody here is assuming it is while the US literally is going through the same thing right now, except we might end up with a fascist President if we don't get him off the fucking ballot.