Worldwide

US Sanctions 4 Venezuelan Officials, Citing Corruption

US Sanctions 4 Venezuelan Officials, Citing Corruption”

The US Department of the Treasury imposed Friday sanctions on four Venezuelan government officials over links to corruption and repression in Venezuela.

Falling oil prices, political unrest, and corruption have decimated the country's economy and led to deadly protests under Maduro.

The Venezuelan premier lambasted the USA press via his Twitter account Friday, accusing it of waging a "media war" against his country and, more specifically, the Bolivarian government.

"The [Venezuelan armed forces] will never bow to any foreign power, and much less to the imperialist and warlike forces of the supremacist government of Donald Trump", Arreaza said on state media AVN. "We demand respect for the Venezuelan people and its institutions".

On Nov. 9 of a year ago, the U.S. Treasury Department sanctioned against 10 current or former Venezuelan officials, whom it said "are associated with undermining electoral processes, media censorship, or corruption in government-administered food programs in Venezuela".

"Marco Torres has been allegedly linked to corruption schemes related to food imports, which are controlled by the Venezuelan military", the US Department of the Treasury claimed.

The U.S. now calls on "concerned parties and global partners around the world to join us as we stand with the Venezuelan people to further isolate this oppressive regime", Mnuchin said. Marco Torres was President Nicolas Maduro's food minister until August 2017 and previously served as finance minister as well as head of the country's central bank.

The others affected by Friday's announcement are Fabio Zavarse Pabon, a division general of the Bolivarian National Guard, and Gerardo Izquierdo Torres, an Army major general who holds other senior positions.

The Treasury order freezes any assets the four might have in United States jurisdictions, and bans Americans and U.S. firms from doing business with them.

"Members of the Venezuelan armed forces who put their own interests above those of their fellow citizens can not expect immunity from our sanctions and worldwide accountability", she added.



Like this

Latest


06 January 2018
Newmont Mining Corp (NYSE:NEM) EVP Sells $188600.00 in Stock
Amp Capital Investors Ltd increased Cousins Pptys Inc (NYSE:CUZ) stake by 115,300 shares to 266,955 valued at $2.49M in 2017Q3. The stock of Newmont Mining Corporation (NYSE:NEM) has "Hold" rating given on Sunday, December 3 by RBC Capital Markets.

06 January 2018
Traders Buy Shares of Ulta Beauty (ULTA) on Weakness
The stock has "Hold" rating by RBC Capital Markets on Friday, May 26. (NASDAQ: ULTA ) on Tuesday, July 11 with "Buy" rating. Among 28 analysts covering Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA), 15 have Buy rating, 0 Sell and 13 Hold.

06 January 2018
Star Wars: The Last Jedi Box Office Tanking In China
By comparison, a local comedy that has been already out for a full week, The Ex-Files 3, earned $11.6 million on the same Friday. Despite the low opening in China , The Last Jedi is still on track to earn around $1.6 billion at the worldwide Box Office.

06 January 2018
Today Analysts Focus on Weyerhaeuser Company (WY), Tesla, Inc. (TSLA)
Tesla Motors, Inc. (NASDAQ:TSLA) now has a Weekly Volatility of 2.44% percent while its Monthly Volatility is at 2.68% percent. It increased, as 93 investors sold TSLA shares while 134 reduced holdings. 57 funds opened positions while 119 raised stakes.

06 January 2018
Texas Instruments Incorporated (TXN): What's the Story?
The stock of Texas Instruments Incorporated (NASDAQ: TXN ) has "Outperform" rating given on Monday, January 9 by Credit Suisse. Texas Instruments Incorporated designs, makes, and sells semiconductors to electronics designers and manufacturers worldwide.

06 January 2018
Were Analysts Bullish First Financial Bancorp
The other 5, though not evenly; between analysts who think you should buy First Bancorp versus those who think you should sell it. As per Friday, December 1, the company rating was maintained by Brean Capital. (NASDAQ:FFBC) rating on Tuesday, October 3.

06 January 2018
Comerica Bank Has $2951000 Stake in SL Green Realty Corp (SLG)
Pointstate Capital Lp acquired 437,676 shares as Empresa Dist Y Comercial Nor (EDN)'s stock declined 6.41%. (NASDAQ:TMUS). It dived, as 62 investors sold TMUS shares while 161 reduced holdings. 18 funds opened positions while 18 raised stakes.

06 January 2018
Meltdown and Spectre reveal Firefox passwords
This means an attacker could obtain passwords, encyption keys or steal information from other applications. The chances of this happening to the average user are slim, but still most certainly significant.

06 January 2018
State lawmakers expected in new session to debate legalizing pot
Driving while under the influence remains illegal, and one's marijuana stash must be kept in a closed container or in the trunk. Colorado's US attorney, Bob Troyer, said his office won't change its approach to prosecution, despite Sessions' guidance.

13 September 2017
Top Bookmakers Name Odds-On Favourites for 2017-2018 NBA Championship Success
As a result, the Warriors won the championship for a fifth time, taking back the title that they last won as recently as 2015. The two teams have met in the final for three consecutive years, with the Cavs picking up the title just once, in 2016.



Recommended