The U.S. government has frozen about US$ 800 million in assets from senior Venezuelan leader Diosdado Cabello Miami journalist Oscar Haza reported Tuesday during his morning radio show on Miami’s Spanish-language Zeta 92.3.
President Donald Trump on Monday increased pressure on Venezuelan President Nicolas Maduro with an executive order that restricts his regime from selling off public assets and blocks purchases of the country's debt.
Two days before presidential elections in Venezuela, the Trump administration on Friday announced sanctions against a powerful governing party politician, accusing him of drug trafficking, extortion, money laundering and embezzling government money.
NGO Transparency Venezuela denounced through a follow-up that the Carnet de la Patria (homeland card), identity document devised by the government of Nicolás Maduro, is a tool of social control that seeks, among other purposes, the loyalty to the ruling party at the polls.
Venezuela's president, Nicolas Maduro, announced that he will attend the Summit of the Americas “at all costs” to bring “the truth of the country” at a press conference at the presidential palace in Caracas despite the Peruvian government reported that his presence would not be welcome in the Andean country.
Emerging markets trade group EMTA has recommended that bonds issued by Venezuela’s state-owned oil firm PDVSA should be traded flat or without accrued interest, the way bonds in default are typically traded.
U.S. prosecutors announced charges against five former Venezuelan officials accused of soliciting bribes in exchange for helping vendors win favorable treatment from state oil company PDVSA, the latest case to stem from a US$1 billion graft probe.
Venezuela's recently ousted chief prosecutor accused President Nicolas Maduro and several allies on Wednesday of participating in acts of corruption, saying she would turn over proof that would help other countries prosecute. Venezuela's government quickly fired back, accusing Luisa Ortega Diaz of grave moral and ethical infractions.