Posted on 08/05/2019 8:47:32 PM PDT by ransomnote
Washington (AFP) - President Donald Trump on Monday ordered a freeze on all Venezuelan government assets in the United States and barred transactions with its authorities, in Washington's latest move against President Nicolas Maduro.
Trump took the step "in light of the continued usurpation of power by Nicolas Maduro and persons affiliated with him, as well as human rights abuses," according to the order.
The Wall Street Journal said the move was the first against a Western Hemisphere government in over 30 years, and imposes restrictions on Caracas similar to those faced by North Korea, Iran, Syria and Cuba.
Asked last week if he was considering a "blockade or quarantine" of Venezuela, Trump responded: "Yes, I am."
The order affects "all property and interests in property of the Government of Venezuela that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person."
These assets "are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in," the order said.
The measure also bars transactions with Venezuelan authorities whose assets are blocked.
It prohibits "the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order," as well as "the receipt of any contribution or provision of funds, goods, or services from any such person." MORE AT LINK
(Excerpt) Read more at news.yahoo.com ...
PDJT is taking no crap from Venezuela, China, Russia, the DPRK, Cuba, or the ‘RAT party — Communists all.
That's exactly the company Venezuela belongs in.
The enemedia must be wetting their panties!
Yet another sign, as if we needed one, that he is racissssssss!
/s
Maybe the commie venezuelans will sue President Trump in the 9th circuit .
Okay so according to another outlet, there was an order signed Monday but I haven’t found it yet.
The ban on Americans doing business with Venezuela’s government takes effect immediately.
“All property and interests in property of the Government of Venezuela that are in the United States ... are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in,” the executive order says.
https://www.theguardian.com/us-news/2019/aug/06/trump-freezes-all-venezuelan-government-assets-in-us
The order, signed by President Trump on Monday, cited Maduro’s continued “usurpation” of power and human rights abuses by those loyal to him.
So is Citgo effectively shut down?
Two more detailed articles Re he freezing of Venezuelan assets:
https://edition.cnn.com/2019/08/05/politics/trump-economic-embargo-venezuela/index.html
Curios about Citgo also.
This recent article indicates that the US recognizes the Guiado government as having authority over Citgo Board matters.
https://www.citgo.com/press/news-room/news-room/2019/legal-victory-for-citgo
So maybe Maduro isn’t getting any Citgo revenue anymore?
A move that should have been done at least a year ago. Better late then never.
Trump plays hardball and he plays for keeps.
“So is Citgo effectively shut down?”
no. Citgo has already been operating for quite some time with a pro-Guaidó board and CEO, and it’s finances operated for the exclusive benefit of a post-Maduro Venezuela ...
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