Venezuelan President Nicolas Maduro has come out strongly against United States President Donald Trump’s latest sanctions on the South American country. These prohibit “all transactions” with “any digital currency” issued by the Venezuelan government — alluding to the cryptocurrency promoted by the Venezuelan authorities, known as “Petro”.
The United States administration has stepped up its efforts at “regime change” in Venezuela in recent weeks.
Venezuelan Foreign Minister Jorge Arreaza said US-imposed sanctions are making foreign debt renegotiation more difficult and that the government would look to work with other countries to alleviate their needs.
The situation was bleak for Venezuela’s pro-poor Bolivarian Revolution in the first half of last year.
With a dire economic situation and a growing wave of violent opposition protests, President Nicolas Maduro turned the tables by convening a National Constituent Assembly (ANC) in July.
Venezuela’s National Constituent Assembly (ANC) has approved a proposal to hold presidential elections before April 30.
The move came a day after the European Union announced sanctions targeting seven Venezuelan senior state officials on January 22.
Venezuela has hit back at the United States after it issued fresh threats to impose new sanctions against Venezuelan officials while attempting to derail the dialogue between Venezuela’s government and opposition.
Politics in the Pub
Gaelic Club, 64 Devonshire St, Surry Hills
Speakers: Coral Wynter, author, Voices from Venezuela; Fred Fuentes, co author, Latin America's Turbulent Transitions. All welcome. Parking after 6 pm. 5 mins from Central Station. Bar opens at 6pm.
Featuring Pacha Guzman, a leading activist with the Venezuelan-based Ezequiel Zamora National Campesino Front (FNCEZ). The FNCEZ is Venezuela’s largest peasant-based organisation and is a member of La Via Campesina and the Latin American Coordinator of Campesino Organisations. Entry: $5 ($10 solidarity). All funds raised going to cover costs of tour. Tour supported by: Australia-Venezuela Solidarity Network and many others.