11 Sep, 23

U.S. Sanctions Against Venezuela Have Failed

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Despite strict U.S. sanctions implemented by former President Donald Trump in January 2019 that cut Venezuela off from global energy and capital markets, the country’s economy has returned to growth. This, along with Maduro effectively sidelining Venezuela’s political opposition, including U.S. designated interim president Juan Guaido fleeing the country, indicates Washington’s attempts to spark the regime have failed. Strict U.S. sanctions, which cut the OPEC member off from global energy and capital markets, combined with over…

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