Connect With PPD
Follow Us:
Politics

President Trump Signs Executive Order Imposing Financial Sanctions on Venezuela

President Donald Trump signs an executive order, left, while Venezuela’s President Nicolas Maduro, right, attends a signing ceremony. (Photos: Reuters/Miraflores Palace/Handout)

President Donald Trump signed an executive order imposing additional sanctions on Venezuela, targeting the financial activities of President Nicolás Maduro.

“The Maduro dictatorship continues to deprive the Venezuelan people of food and medicine, imprison the democratically-elected opposition, and violently suppress freedom of speech,” White House Press Secretary Sarah Sanders said in a statement. “We will not stand by as Venezuela crumbles.”

The new executive order prohibits dealings in new debt and equity issued by the government of Venezuela and its state oil company. It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela.

“Maduro may no longer take advantage of the wholesale looting of the Venezuelan economy at the expense of its people,” U.S. Treasury Secretary Steven Mnuchin said.

In July, the Trump Administration also imposed sanctions against President Maduro, himself, for holding “sham” elections to consolidate his party’s power. As a result, the socialist leader’s assets subject to U.S. jurisdiction were frozen, and U.S. persons are now prohibited from dealing with him.

The Maduro government held elections for a National Constituent Assembly (ANC) that aims to usurp the constitutional role of the democratically elected National Assembly. It would effectively rewrite the constitution, and impose an authoritarian regime on the people of Venezuela. neuter the constitution.

The socialist dictator was “elected” President of Venezuela on April 14, 2013, after the death of another leftwing dictator–Hugo Chavez. He previously held roles in the Venezuelan government under President Chavez, including as Executive Vice President and Minister of Foreign Affairs.

READ FULL STORY

SubscribeSign In
PPD Staff

People's Pundit Daily delivers reader-funded data journalism covering the latest news in politics, polls, elections, business, the economy and markets.

View Comments

  • Evening family devotions were som of the important components of ᒪee and Larry?s day.
    Daddy learn psrt of the story of Jesus coming at Chrіstmas whjch is theе place he read
    yearⅼy during December so thheyd know the true motive fоr Ϲhristmaѕ, to have
    fuսn the birth of Jesսs. At tһe end of it, Leee asked, ?Daddy,
    did Jesus get a ρarty yearly with presents and a
    cloown too?

  • There is certainly a lot to learn about this issue. I like all the points you have made.

  • What you need to have is willpower being taught the best way to
    create profitable blogs whilst your business stable. If
    onne is careful not to offend, he then or she could generate
    a huge numbeer of new readers. Many blog authos will not approve
    an unhealthy comment, so you have to look at time to add real value
    and be sure your comment goes live.

  • I amm no longer certain the place you're geting your info, however good topic.
    I needs to spend a while srudying much more or figuring out more.
    Thanks for fantastic information I used to be searching
    for this information for my mission.

  • Because the admin oof this site is working, no uncertainty
    very soon it ill be famous, due tto iits quality contents.

  • What's up mates, how is the whole thing, and what you wish for to
    say about this post, in my view its actually awesome in favor of me.

  • What's up to every one, as I am truly keen of reading this weblog's pos
    to be updated on a regular basis. It carries pleasant information.

Share
Published by
PPD Staff

Recent Posts

Media’s Worst Russian Collusion Sins May Soon Be Repeated

The most damning journalistic sin committed by the media during the era of Russia collusion…

1 year ago

Study: Mask-Mandates and Use Not Associated With Lower Covid-19 Case Growth

The first ecological study finds mask mandates were not effective at slowing the spread of…

3 years ago

Barnes and Baris on Big Tech’s Arbitrary Social Media Bans

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…

3 years ago

Barnes and Baris on Why America First Stands With Israel

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…

3 years ago

Personal Income Fell Significantly in February, Consumer Spending Weaker than Expected

Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…

4 years ago

Study: Infection, Vaccination Protects Against Covid-19 Variants

Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…

4 years ago

This website uses cookies.