MercoPress. South Atlantic News Agency

US lifts sanctions on Venezuela's Central Bank and backs its return to the IMF

The US Treasury Department on Tuesday lifted financial sanctions on Venezuela's Central Bank and three other state-owned banking institutions, in the most significant easing of the punitive regime in place since 2017. On the same day, Treasury Secretary Scott Bessent publicly endorsed efforts by the International Monetary Fund to reintegrate Venezuela into the international financial system. Read full article