Tag Archives | U.S. sanctions

JANET Yellen, the U.S. treasury secretary, has finally acknowledged what has been obvious to most people for quite some time, namely that the imposition of sanctions against countries that the U.S. is hostile to, runs the risk of jeopardizing the hegemony of the dollar as the world’s reserve currency.

Venezuela has doubled its oil production over the past months thanks to Iran’s help in defiance of U.S. sanctions against Caracas, oil industry analysts say.

Russia and China’s announcement of an independent financial trading platform will free nations under US sanctions from western intrusion into their commercial activities.

Special Rapporteur Alena Douhan reiterated her call for sanctions relief, stating they undermine Venezuelans’ human rights.

Venezuela’s efforts at the Copa America football tournament have also been derailed after 15 players and staffers caught the virus, prompting calls for an investigation.

A seam of cruelty runs through U.S. policy, which by its sanctions regime prevents Venezuela from open trade of its oil to import key medical equipment to help break the chain of the virus and heal those infected by it.

This Friday, a shipment of 850 thousand vials of 4 types of insulin from Russia arrived in Venezuela, being the 8th and 9th delivery within the framework of the Strategic Trade Alliance signed in 2019 between Russia and Venezuela in the International Economic Forum of St. Petersburg.

The Trump government’s latest sanctions against Caracas come just two days after Venezuelan Foreign Minister Samuel Moncada publicly revealed that the US Central Intelligence Agency (CIA) was working alongside governments in Mexico and Colombia to topple the Maduro government.