Few still remain sceptical about the validity
of Maduro's plans.
The ruling effectively dissolved the elected legislature... and allows the court to write laws itself...» Faced with widespread outrage, both domestic and international, the court, at the request
of Maduro, backed down a few days later and reversed its ruling.
There is deep suspicion
of Maduro's strategy.
«Despite the destitution and the depravity
of Maduro's government, Corbyn fails to criticise Maduro,» said the international development secretary, Priti Patel.
Friends of the militias told me that many have joined in order to serve the «Comandante», a goal that, despite the new slogan of «Somos Chavistas Maduros» («We are mature chavistas» a play on the meaning
of Maduro's name) won't be feasible anymore, which may cause frustration among militia members.
I pointed these two parts because part one was what most international medias took and appointed suggesting that Diosdado Cabello, the Chief of the General Assembly was the right successor of the president Hugo Chavez but the Supreme Court failed in favor
of Maduro because according to his interpretation, Hugo Chavez assumed the Presidency, therefore, the Executive Vice-President (Nicolas Maduro) is the nominated to take in charge of the Presidency.
With high - ranking government officials and members
of Maduro's family sanctioned or indicted in connection to drug - trafficking crimes, Venezuela has been dubbed a «narco - state.»
Shortly thereafter, the U.S. Treasury Department froze
all of Maduro's assets subject to U.S. jurisdiction and prohibited all U.S. citizens from dealing with him.
This likely isn't the end
of Maduro's cryptocurrency ambitions.
Despite criticisms of the ban and how it could hurt affected Venezuelans, Coffman believes the ban would be much preferred to the continued growth
of the Maduro regime.
The United States has imposed sanctions on senior members
of Maduro's government and PDVSA.
Coffman, however, believes the threat was the wrong move, saying that it «feeds into the propaganda machine
of Maduro.»
In his meeting with his international counterparts, Mnuchin said, «we discussed how to achieve our shared objectives of restoring Venezuelan democracy, combating the kleptocracy
of the Maduro regime, and responding to the humanitarian crisis caused by Maduro's economic policy.»
Nothing makes me happier than the delicious stewed meats with bright flavors and a side
of maduros (fried sweet plantains).
Not exact matches
Instead
of correcting course to avoid further catastrophe, the
Maduro regime is attempting to circumvent sanctions through the Petro digital currency — a ploy that Venezuela's democratically - elected National Assembly has denounced and Treasury has cautioned U.S. persons to avoid,» Mnuchin said in a statement.
Vice President Mike Pence will pressure
Maduro's government in a speech Wednesday to a session
of the Organization
of American States, his office said.
Following on the sale
of the Petro,
Maduro has said that he plans to launch a cryptocurrency backed by gold next week, Reuters reports.
The Treasury Department warned investors in January to steer clear
of the digital currency, calling it «another attempt to prop up the
Maduro regime, while further looting the resources
of the Venezuelan people.»
That would be a potentially crippling blow to the
Maduro government, which depends almost exclusively on crude sales to sustain what's left
of the economy.
Despite the U.S. Treasury Department warning investors away from it, Venezuela President Nicolas
Maduro says the launch
of his country's oil - backed answer to Bitcoin, Petro, raised $ 735 million in its first day.
Holders
of Venezuelan bonds are meeting with each other and considering forming committees, advisers and fund managers told Reuters, as questions mount about the feasibility
of President Nicolas
Maduro's proposal to restructure $ 60 billion
of debt.
That lack
of flexibility is likely if anything to lead to still tougher sanctions by the administration
of U.S. President Donald Trump, who has described
Maduro as a «bad leader who dreams
of becoming a dictator.»
The move comes at a time when
Maduro's socialist government is in the midst
of a crackdown on domestic freedoms and Caracas» financial transactions have been hamstrung by Western sanctions.
Venezuela's President Nicolas
Maduro speaks during a meeting with members
of the Constituent Assembly in Caracas, Venezuela August 2, 2017.
«The goal is to change the conduct, the character
of the Venezuelan government under
Maduro.
His quick acceptance
of the results eased tensions in the volatile nation where the latest presidential election, in 2013, narrowly won by
Maduro, was bitterly disputed and where anti-government protests last year led to 43 deaths.
Maduro's approval ratings have tumbled amid the crisis to 28 percent, near the lowest in 16 years
of socialist rule, and while there's no sign the sometimes violent street protests that overwhelmed the country a year ago will return anytime soon, polls indicate that the opposition will coast to victory in legislative elections expected to take place by year end.
The Colorado Republican said passage
of his bill is time sensitive given the actions taken by the
Maduro regime and the suffering within the country, which he warns could become the next Cuban - style dictatorship.
«There's obviously the threat [
of sanctions] against others, but... it's surprising, to me at least, how few people have broken with
Maduro,» he said during the AS / COA event.
Maduro's government has had success sidelining the country's political opposition, circumventing the opposition - controlled legislature, securing electoral victories with the help
of fraud and dirty tricks, and working to block main opposition parties from future elections.
Maduro, who debuted the song over the weekend on his show, «Los Domingos con
Maduro,» did not specify who made his version, referring only to «a group
of creators.»
Many
of the governments in the region have condemned the vote and have refused to recognize it, calling on President Nicolas
Maduro not to convene the assembly.
Despite a years - long political and economic deterioration and months
of violence,
Maduro has maintained about 20 % support among Venezuelans, but his constituent assembly has been rejected by an overwhelming majority
of the country and drawn international rebuke.
Rep. Mike Coffman, R - Colo., introduced the Protecting Against Tyranny and Responsible Imports Act, or the PATRIA Act, that would target Venezuelan President Nicolas
Maduro after he stripped the country's democratically elected national assembly
of its power and authority.
Maduro's approval has also hovered around 20 % over the past two years, which is not high, but is noteworthy in light
of the turmoil in Venezuela over that time.
Trump has sanctioned dozens
of Venezuelan officials, including government ministers and military officers, since he took office — including the vice president, who was accused
of involvement in international drug trafficking, and President Nicolas
Maduro himself, whom the Trump administration has labeled a «dictator.»
Most
of the region voiced support for the July 16 referendum convened by the opposition against the assembly, and the EU and the US have suggested they could level sanctions on the
Maduro government should the July 30 vote go ahead.
The candidate from her party running in Buenos Aires — the country's biggest province — has demurred when asked about the situation in the Venezuela, saying that he did not know «in detail» what was going on there, later stressing the differences between the tenures
of Chavez and
Maduro and calling for dialogue with a third party, such as the Pope.
Venezuela's oil - backed «petro» cryptocurrency raised $ 735 million in the first day
of its pre-sale Tuesday, President Nicolas
Maduro has claimed.
In response,
Maduro has moved to circumvent the nation's democratic institutions and give himself sweeping new powers — though not, apparently, the power
of self - control.
«Our country has released our first official crypto in the history
of the world,»
Maduro said in a nationally televised event.
Venezuela's President Nicolas
Maduro (C) delivers a speach next to Vice-President Tarek El Aissami (L) next to Venezuela's Minister
of Science, Technology and University Education Hugbel Roa (R) during a press conference to launch to the market a new oil - backed cryptocurrency called «Petro», at the Miraflores Presidential Palace in Caracas, on February 20.
Maduro's nibble had some additional symbolic weight thanks to its timing, just days before the November 7 centenary
of the Bolshevik Revolution in Russia.
Maduro has said he plans to offer a total
of 100 million Petros, with a starting price
of $ 60 each, for a total
of about $ 6 billion.
President Nicolas
Maduro since last year has overseen the arrest
of dozens
of oil executives, including the former energy minister and PDVSA president.
Maduro has also reportedly ordered several state - owned companies, including an oil and natural gas company and aluminium and gold producers, to use the Petro for a percentage
of their sales and purchases moving forward.
That authorization has led to howls
of protests from unions, which say
Maduro is abusing his power.
The IMF said the socialist administration
of President Nicolas
Maduro needs to share key economic markers on exports and imports to better understand its deepening crisis and identify possible solutions.
But the cards are seen as a token
of support for
Maduro, and many citizens refuse to carry them.
Venezuela President Nicolas
Maduro sacked the head
of PDVSA and handed over control to the military in order to keep the armed forces on his side.