United States imposes new sanctions on Venezuela

CONATEL news

The U.S. Treasury Secretary Seven Mnuchin said Trump's order was focused on new securities by making it illegal for U.S. financial institutions to trade new bonds with the Venezuelan government.

The new sanctions would also put more sway on the view that Venezuela is under military threat by President Trump.

Venezuelan troops taught civilians how to shoot rifles, fire missiles and engage in hand-to-hand combat during drills held Saturday in defiance of United States sanctions and President Donald Trump's threat of military action.

The opposition's statement comes fresh off the heels of the latest round of economic sanctions imposed on Venezuela by the US government.

Venezuelan President Nicolas Maduro vowed Friday to prosecute for treason opponents he accused of being behind sweeping US financial sanctions that will strain relations between the countries and make it harder for the socialist leader to raise badly needed cash.

Communication Minister Ernesto Villegas called on Venezuelans to be "understanding" in the face of the sanctions, which he said amount to a "declaration of economic war". The new measures ban trades of Venezuelan debt and prevent the country's state-run oil company, PDVSA from selling new bonds to US citizens or financial groups. In remarks earlier this month, President Donald Trump would not rule out a "military option" for Venezuela.

The center right-led opposition and global powers including the United States say he is turning Venezuela into a dictatorship.

Palestinian president to hold talks in Ankara
Negotiations between Israel and the Palestinians have been at a standstill since the failure of USA mediation in the spring of 2014.

"You've got to be a big traitor to your country to ask for sanctions against Venezuela", Maduro said in a televised appearance. But even with this being the case, the U.S.is still dealing with oil exports from the country.

But Trump's rhetoric might have worked in Maduro's favor.

Venezuela has been wracked by months of political crisis. Later, Washington's top officials rejected this threat.

Maduro pushed for a controversial vote to elect a "Constituent Assembly" with the power to rewrite the constitution as well as pass laws.

That could choke off access to NY debt markets and substantially raise the likelihood of Venezuela being forced into default. As well, they are not allowed to made new transactions with the Venezuelan oil company, PDVSA, as the administration deems that such businesses fuel Nicolas Maduro's dictatorship.

The new sanctions also bolster regional efforts - expressed in the Lima Declaration of August 8 - which refused to recognize Maduro's hand-picked "Constituent Assembly" and any laws it adopts.

Related:

  • Cease-fire declared along Syrian-Lebanese border

    Cease-fire declared along Syrian-Lebanese border

    Hezbollah has provided critical military support to Syrian President Bashar al-Assad during Syria's six-year-long war. The surrender of the remains of the fighters by the extremists took place at the border crossing of Mira.
    Microsoft Introduces Xbox One S Minecraft Limited Edition Bundle (1TB)

    Microsoft Introduces Xbox One S Minecraft Limited Edition Bundle (1TB)

    When asked if Microsoft were actively seeking to build a crossplay relationship with Sony , Greenberg replied: "Absolutely, yeah". Given that Microsoft is a little behind, enticing gamers with the tease of potential crossplay makes a lot of sense.

    Samsung's DJ Koh Confirms, a Smart Speaker is Coming

    However, this is the first time when Samsung has outrightly confirmed the existence of such device and also confirmed its arrival. Samsung appears to be preparing to join the voice-assisted speakers market.
  • U.S.  calls talk with Abbas 'productive'

    U.S. calls talk with Abbas 'productive'

    Both sides agreed to continue with the USA -led conversations as the best way to reach a peace deal, the State Department statement said.
    16 people killed in airstrikes in Yemeni capital

    16 people killed in airstrikes in Yemeni capital

    The attack destroyed two buildings in the southern district of Faj Attan, leaving people buried under debris, witnesses said. The rebel grouping controls much of northern Yemen, including Sanaa.
    Mel B: Simon Cowell's Crude Joke Gets Him Doused With Water

    Mel B: Simon Cowell's Crude Joke Gets Him Doused With Water

    During Tuesday's quarterfinals, a magician suffered a technical malfunction that resulted in a lackluster performance . Upon Brown's dramatic exit , " America's Got Talent " host Tyra Banks stated "this is live TV y'all - live TV".
  • Percent of Americans See Trump as Divider, Poll Finds

    Percent of Americans See Trump as Divider, Poll Finds

    Fifty-six percent of registered voters said Trump has not been an effective president, while 39 percent said he had been. Seventy-one percent say his behavior is not what they expect from a president, while 27 percent disagree.
    China warns bilateral ties at risk after USA  sanctions over North Korea

    China warns bilateral ties at risk after USA sanctions over North Korea

    US President Donald Trump , meanwhile, threatened the isolated regime with " fire and fury like the world has never seen". Fu retorted: "I just want to say that we're not creating equivalency between anything".
    Taylor Swift announces new album ... on Instagram

    Taylor Swift announces new album ... on Instagram

    In a third post, she announced that her 6th studio album will be released on November 10 and it will be titled " Reputation ". Taylor Swift is an American singer-songwriter who is one of the most popular contemporary female recording artists.
  • US Open to Dialogue Despite N. Korea's Provocation

    US Open to Dialogue Despite N. Korea's Provocation

    The missiles did not pose a threat to North America nor to the USA territory of Guam, said the Pacific Command. Pyongyang fired three short-range ballistic missiles from the Kangwon province, the US Pacific Command said .
    California national monuments team Trump may scrap

    California national monuments team Trump may scrap

    Cook wants to lop off a finger of the 346,177-acre monument located mostly in the Angeles National Forest in Los Angeles County. President Barack Obama designated the 1.35 million-acre Bears Ears previous year , less than a month before leaving office.
    Cannibal 'tired of eating human flesh' turns himself in

    Cannibal 'tired of eating human flesh' turns himself in

    Mbhele says the suspects are alleged to have "raped, killed and cut up the body of a woman, which they then consumed". A police spokesperson told the BBC that it is possible that the four suspects are part of a bigger syndicate.

Comments

Latest news

Berkeley Protests Over, Police Defend Handling
The San Francisco Police Department, however, did advise on its official Twitter account for people to stay away from the area. At about 12:30, there were a few hundred anti-hate demonstrators in the park, with hundreds more on the surrounding streets.

Android 8.0 Oreo to get system-wide theme support without root
Some of the recently launched device support wide-gamut color and many third party applications get benefitted due to this. Regarding its release, Google says: " by the end of this year " a majority of handsets will get Android 8.0 Oreo.

Ronda Rousey And Travis Browne Get Married Tonight
While White did say he got an invite to Rousey's nuptials, he's obviously got another key event on his calendar Saturday night. Rousey was among UFC's biggest stars for several years before her career was derailed by back-to-back losses in 2015 and 2016.

Yankees' Gary Sanchez, Austin Romine Suspended For Brawl With Tigers
The Sanchez suspension could be costly for the Yankees, who are fighting for a spot in the playoffs. It was unknown whether Sanchez or Romine would appeal their suspensions.

Trump prepared to go to mat for wall funding
The government only defaults if it fails to make that interest payment, and we have more than enough money to make that payment. Congress must raise the debt ceiling by mid-October to prevent the federal government from defaulting on its obligations.

Man shot dead after stabbing troops in Brussels
One of the two soldiers targeted was "slightly" wounded, according to federal prosecutors, who have opened a terror probe. On Tuesday this week police in Brussels shot at a vehicle after its driver falsely claimed to be carrying explosives.

How the odds have changed for the Mayweather vs. McGregor fight
The high-rollers of the gambling world agree, with the lion's share of the money being bet on the fight placed on Mayweather . Mayweather-McGregor is without a championship at stake, though.

Mutiple Brawls Between Tigers and Yankees
Detroit cleanup hitter and 11-time All-Star Miguel Cabrera and NY catcher Austin Romine were tossed after a sixth-inning brawl. With Frazier being restrained, it seemed that the focus turned to the tense argument between Brett Gardner and Jose Iglesias.

Lavington head praises excellent results at time of turmoil in education
Among other successful students, Devni Peramunugamage achieved Seven A*s and Two As plus two grade 6s. Our GCSE table is ranked on the proportion of pupils achieving A*+A grades (including 9, 8 and 7).

Tag: Micromax canvas Infinity
Other than the focus on cutting down on bezels, Micromax is also hoping to attract selfie lovers with a 16MP front-facing camera . There is a 13-megapixel rear shooter with LED flash and a 16-megapixel front shooter that comes with "real-time bokeh".

New US sanctions against N. Korea could bite
The sanctions also targeted six individuals - four Russians, one Chinese and one North Korean. The sanctions target restrict dealings with Russian banks and energy companies.

Jackpot! Woman wins $417 million in lawsuit against Johnson & Johnson
The jury found the company was liable for failing to warn the woman about the cancer risks of using talcum products. Scientific studies about this link have provided little to no evidence that the powder could cause ovarian cancer.

Vitamin B Increases Risk Of Lung Cancer, Especially Among Men
It found all men who took high-dose vitamin B supplements for a decade had about double the risk of developing lung cancer . We were unable to address whether lung cancer patients had improved or worsened prognosis if they took these supplements.

Lamborghini Alpha-One Is a $2450 Smartphone That Lives in the Past
The phone is unlocked, runs Android Nougat and comes with Global Positioning System , 4G and other connectivity features. The device is powered by a Snapdragon 820 processor paired with 4GB of RAM and the Adreno 530 GPU fires up the graphics.

The Best And Worst Potential Champions League Groups For English Clubs
Following the last of the Champions League qualifiers tonight, the four pots for tomorrow's group stage draw are official. Ntcham has revealed that he would like to face the Ligue 1 outfit in the group stage of the Champions League this season.

Other news