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Trump imposes hard-hitting economic sanctions on Venezuela
[Iran Press TV] The United States has imposed potentially hard-hitting economic sanctions on Venezuela, barring banks from any new financial dealings with the government or state-run oil company PDVSA.The White House on Friday announced President Donald Trump ...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States... had signed an executive order "imposing strong, new financial sanctions" on the government of Venezuela. "The president's new action prohibits dealings in new debt and equity issued by the government of Venezuela and its state oil company," it said in a statement. "It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela," it added. The White House said that the measures "are carefully calibrated" to deny the government of President Nicolas Maduro "a critical source of financing to maintain its illegitimate rule, protect the United States financial system from complicity in Venezuela’s corruption and in the impoverishment of the Venezuelan people, and allow for humanitarian assistance." Posted by: Fred 2017-08-26 |
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