US slaps Venezuela with sanctions

Published
0

CARACAS: The regime of Venezuelan President Nicolas Maduro was hit by US sanctions and a 48-hour opposition-led nationwide strike on Wednesday, both aimed at thwarting his controversial plans to elect a new body to rewrite the constitution.

The US Treasury unveiled a list of 13 current and former officials, including the interior minister, heads of the national police, army and national guard, the president of the electoral council, and the finance chief of state oil company PDVSA, whose US assets would be frozen.

The announcement came as Venezuela’s opposition launched its nationwide stoppage as part of a campaign to halt Sunday’s vote and, more broadly, force Maduro from office through early elections. The vote, which Maduro has vowed will go ahead as planned, is to choose the 545 members of a “Constituent Assembly” to rival the opposition-held National Assembly and to redo the constitution.

But in a country suffering from widespread shortages of basic goods and soaring inflation, protesters are showing their discontent with Maduro’s leadership.

“No more dictatorship!” read signs on road barricades in eastern Caracas.

Published in Dawn, July 27th, 2017

Opinion

Editorial

Fixing bond markets
01 Oct, 2026

Fixing bond markets

THE plan to deepen the domestic local currency bond market by allowing the public to trade government securities...
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...