Tag Archives: Maduro

Maduro says ‘illegal’ embargo of Venezuelan oil won’t do America any good

Venezuelan President Nicolas Maduro has warned the White House against imposing a ban on oil imports from the Latin American country. Oil exports to the US are crucial for Venezuela’s depleted budget. Read more “The oil embargo would be one of the biggest mistakes in international politics that Donald Trump would commit,” Maduro posted on Twitter. Venezuelan oil production has ...

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Maduro wants joint cryptocurrency mechanism within OPEC

President of Venezuela Nicolas Maduro wants the world’s major oil producers to create a mechanism for issuing cryptocurrencies. Caracas is about to start the pre-sale of its own oil-backed digital currency, the petro. “I will make an official proposal to all OPEC members and non-OPEC states to work out a joint cryptocurrency mechanism backed by oil,” Maduro told reporters after meeting ...

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Venezuela’s Maduro may be kicked out by own military & get ‘nice’ exile in Cuba, Tillerson hints

Issuing an ambiguous threat to Venezuela, US Secretary of State Rex Tillerson said the army has often been an “agent of change” in the Latin American country and beyond in cases when leadership “can no longer serve the people.” “In the history of Venezuela and South American countries, it is often times that the military is the agent of change ...

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Maduro announces pre-sale of Venezuela’s oil-backed cryptocurrency

Oil-rich Venezuela is officially joining the cryptocurrency craze. President Nicolas Maduro has announced the date for the pre-sale of a new “petro” cryptocurrency. The pre-sale date is February 20, and the country plans to replenish its depleted budget. “This is the moment to accelerate the entry of the petro, to have faith in what we’ve created and in the technological ...

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Maduro urges Latin American states to join oil & gold-backed cryptocurrency project

Venezuela’s leader Nicolas Maduro has invited members of the regional ALBA-TCP bloc to join him in launching a new cryptocurrency. Named petro, the cryptocurrency will be backed by the country’s oil, gas, gold and diamond riches. “I have a proposal for the economic teams of the ALBA: to assume jointly the creation of an oil-backed petro cryptocurrency, which will be ...

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North Korea, then Venezuela? Trump refuses to rule out WAR against despot Maduro

Mass street protests have taken place against Venezuelan president Nicolas Maduro amid questions surrounding the legitimacy of an election to establish an all-powerful Constituent Assembly. US officials and Venezuelan opposition figures fear the assembly could grant president Maduro a dictatorship as his ruling socialist party will virtually unlimited powers to change the nation’s constitution. Venezuelan opposition leaders have been jailed ...

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Venezuela: Civil war close as political crisis deepens and economy implodes under Maduro

Speaking a day after summoning his counterparts from across the region to Lima to condemn the “rupture of democratic order” in Venezuela, Ricardo Luna said President Maduro’s support at home and abroad had shrunk as he seeks to consolidate power through the constituent assembly, a powerful new body run by the ruling Socialist Party loyalists. Peru has been one of ...

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'Ask the parents!' Venezuela activist hits out at Corbyn's support for 'COMMUNIST' Maduro

Avowed socialist Corbyn has previously heaped praise on the Maduro government, once calling the president after his election win to “congratulate” both him and “the whole of the Venezuelan people”. Speaking on Newsnight, founder of the left leaning Popular Will party Juan Andres Mejia cast doubt on Mr Corbyn’s understanding of the conflict – and told him to ask “the ...

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Moment Corbyn CONGRATULATED Venezuela's Maduro – as Labour leader goes QUIET about regime

The Labour leader called the programme and spoke to the Venezuelan leader, who has since been branded a “dictator” after two of the country’s opposition leaders were seized from their homes by state security forces. The archive footage of the conversation between the pair comes after growing tensions and civil unrest in the country. Tory Europe minister Ian Duncan mocked ...

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U.S. slaps sanctions on Venezuelan President Nicolas Maduro

WASHINGTON — The Trump administration slapped financial sanctions on Venezuelan President Nicolas Maduro on Monday after a weekend election that gave the South American country’s ruling party virtually unlimited powers. The sanctions freeze any assets Maduro may have in U.S. jurisdictions and bar Americans from doing business with him. They were outlined in a brief notice by the Treasury Department’s ...

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