Saturday 19th of August 2017

Follow Us

Breaking News

US sanctions Maduro after controversial Venezuelan vote

Washington,Aug 1:-- The U.S. on Monday sanctioned Venezuelan President Maduro one day after he led his government's effort to elect a national Constituent Assembly, an move Washington called a "rupture in Venezuela’s constitutional and democratic order".


Treasury Secretary Steve Mnuchin said in a statement the elections "confirm that Maduro is a dictator who disregards the will of the Venezuelan people.


"By sanctioning Maduro, the United States makes clear our opposition to the policies of his regime and our support for the people of Venezuela who seek to return their country to a full and prosperous democracy," he added.


Maduro is only the fourth head of state to be blacklisted by the Treasury's Office of Foreign Assets Control.


At least three people were killed Sunday in clashes between protesters and police in Venezuela as voting proceeded on the controversial 545-member Constituent Assembly, which aims to rewrite the country's constitution.


The president of the opposition-controlled National Assembly, Julio Borges, said at least 12 people lost their lives during weekend in protests against the vote.


Opinion polls show more than two-thirds of Venezuelans rejected the idea of a Constituent Assembly.


Neighboring Colombia, Panama and Peru, announced they would ignore the results and threatened to consider Venezuela no longer a democracy.


Maduro went forward with the vote despite four months of protests by the opposition that left at least 116 dead, and pressure from the U.S., European Union and several Latin America countries.


Any of Maduro's assets within the U.S. have been frozen following the Treasury Department's announcement, and Americans are now prohibited from doing business with him.


Mnuchin said in his statement that anyone who participates in the National Assembly "could be exposed to future U.S. sanctions for their role in undermining democratic processes and institutions in Venezuela”.


His announcement comes as the U.S. weighs additional economic penalties, including an oft-rumored ban on Venezuelan oil imports, that could further hinder Venezuela's hobbling economy.


The country is largely reliant on its large oil deposits for revenue, and has been devastated by the sharp decline in oil prices since 2014.


Speaking at the White House, Mnuchin said all options are on the table going forward.

Related Americas News

Japan, US agree to increase military cooperation

Washington,Aug 18,(Fast Mail):--The United States and Japan will step up their defence cooperation to deal with the threat from nuclear-armed North Korea.    This was stated by Japanese Defence Minister Itsunori Onodera after talks with senior U.S. senior officials, Defense Secretary Jim M....

Sad to see history of our great country being ripped apart, says US Trump on confederate statue removal

 Washington, Aug 17 : US President Donald trump on Thursday expressed his sadness over the removal of confederate statues- which many see as the nation's slaveholding history- from several places in America in the wake of Charlottesville riots that left a woman dead and many injured after an al....

Trump lauds contributions of Hindus and Indian Americans on I-Day

Chicago, Aug 17:-- US President Donald J. Trump lauded the "irreplaceable contributions of Hindus and Indian Americans" in shaping the character of his country on the occasion of India's 71st Independence Day.   "Thanks to the irreplaceable contributions of Hindus and Indian Amer....

U.S. vows to resolve North Korean through dialogue

Washington,Aug 16(Fast Mail):---The United States has vowed to resolve North Korea's missiles tests issue through dialogue for easing the tension on Korean peninsula.   Talking to reporters in Washington, US Secretary of State Rex Tillerson said our doors are open and it was up to North Korean ....

Prime Minister Trudeau condemns Burkina Faso attack, calls it 'cowardly'

Ottawa, Aug 16:-- Canadian Prime Minister Justin Trudeau on Tuesday condemned the attack in Burkina Faso of West Africa where two of his countrymen had died.   In a statement, Trudeau called the attack as "cowardly".   The Canadian PM stated: "These cowardly acts seek to ins....

Editor :
Jagadananda Pradhan
Email :
Mob :(+91) 9437155542
Ph : 06764 223911
Contact Us
© 2015 Fast Mail Media Pvt Ltd. All Rights Reserved.
Developed by : FM Media Pvt Ltd.